Tether, the issuer behind the world’s largest stablecoin, has rapidly become a major force in the global gold market. The company now holds 116 tons of physical gold, placing it alongside central banks in countries such as South Korea, Hungary, and Greece. According to analysts at Jefferies, Tether is currently the largest gold holder outside the central banking sector, and its aggressive purchasing strategy appears to be influencing the precious metal’s recent price surge.
In the most recent quarter, Tether’s gold acquisitions accounted for nearly 2% of total global demand and approximately 12% of all central bank purchases. Such significant buying activity has likely tightened global supply and shaped market sentiment, drawing increased speculative interest from investors looking to ride the momentum.
A Bold Plan for 2025 and Expanding Influence in the Gold Sector
Looking ahead, Tether plans to purchase an additional 100 tons of gold by 2025, backed by an expected $15 billion profit this year alone. The company has already poured more than $300 million into precious-metal producers and continues to explore new opportunities across the gold supply chain, strengthening its influence in the industry.
Complementing its physical gold strategy, Tether also launched Tether Gold (XAUt)—a token fully backed by physical gold. In the last six months, issuance of XAUt has doubled, highlighting rising demand from retail investors seeking easier access to the gold market. Through this token, Tether aims to solve the long-standing challenges of traditional gold ownership, offering a more accessible and transparent alternative for everyday investors.
Tether’s rapid expansion into the gold market—and its ambitious future plans—signal a transformative shift in how non-traditional financial players can influence global commodity markets.
