Tether, the company behind the world’s largest stablecoin USDT, has disclosed a substantial expansion of its gold holdings, underscoring a growing shift toward hard‑asset backing amid uncertainty across crypto and traditional financial markets.
Tether Expands Gold‑Backed Stablecoin ReservesTether revealed that it significantly increased its gold exposure during the fourth quarter of 2025. The company disclosed that gold‑backed stablecoins (XAU₮) experienced rapid growth throughout the year, with total market capitalization rising from roughly $1.3 billion to more than $4 billion.
Within the gold‑backed stablecoin sector, Tether Gold emerged as the dominant issuer, accounting for approximately 60% of the total supply in circulation.
Crypto Giant Ranks Among Top 30 Global Gold HoldersThe scale of Tether’s accumulation has also positioned the company among major global gold holders. Based on data from the International Monetary Fund and a Jefferies report published in late 2025, Tether now ranks within the top 30 gold holders worldwide.
Its holdings surpass those of several countries, including Greece, Qatar, and Australia. During the fourth quarter of 2025 alone, Tether Gold Investments added roughly 27 metric tons of gold to its exposure.
Ardoino noted that each XAU₮ token represents vaulted physical gold that can be independently verified on‑chain, adding that the product’s rapid growth reflects rising expectations for tokenized assets to meet the same standards as sovereign and institutional reserves.
Featured image from OpenArt, chart from TradingView.com
