28.01.2026 08:20
The cryptocurrency company Tether has created one of the world's largest non-governmental gold reserves with approximately 140 tons and a value of 23 billion dollars in physical gold stock, and it has been reported that this gold is kept in high-security vaults in a nuclear bunker.
The largest stablecoin issuer in the cryptocurrency market, Tether Holdings, has significantly expanded its physical gold stock, creating one of the world's largest non-governmental gold reserves. The company's move is having a major impact on traditional finance and commodity markets.
140 TONS OF PHYSICAL GOLD ACCUMULATED
According to Tether CEO Paolo Ardoino, the company has accelerated its gold purchases recently, accumulating approximately 140 tons of physical gold. The total value of this stock is estimated to be around 23 billion dollars, making it the largest gold accumulation outside of banks and nation-states. The gold is stored in high-security vaults in an old nuclear bunker.
CONTRIBUTED TO RISING GOLD PRICES
This new bridge between the worlds of cryptocurrency and gold has attracted the attention of traditional investors and contributed to the rise in gold prices. Tether's gold purchases are noted to be a significant factor in the global rally of gold prices, especially over the past year. Analysts state that the company's fiat reserve strategy positively reflects on prices in the short term by tightening supply.
Tether's gold strategy is not limited to purchasing physical metal; the company is taking steps to increase its market trading capacity by hiring two senior gold traders from HSBC. This approach reflects the firm's goal of having a say not only in cryptocurrency but also in commodity markets.
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