Tether Holds Over $5 Billion in Gold Reserves, Still Buying 1 to 2 Tons Weekly

By: theblockbeats.news|2026/04/17 07:42:13

BlockBeats News, January 29th, according to the Financial Times, as the price of gold hits record highs, the world's largest stablecoin company Tether's gold holdings have appreciated by over $5 billion.

Based on data disclosed by Tether, Jefferies Group estimates that as of the end of September, Tether held about 116 tons of gold, valued at around $14.4 billion at the time. At the end of September last year, the gold price was around $3,858 per ounce, but amid rising geopolitical uncertainty and investors flocking to safe-haven assets, it has now surged to over $5,200, meaning Tether has realized over $5 billion in appreciation on this part of its holdings.

This week, Tether stated that it further purchased 27 tons of gold bars in the fourth quarter of last year to back its gold-backed stablecoin, and just this year, this additional holding has appreciated by at least $700 million.
The current total value of Tether's gold holdings is around $24 billion, making it one of the biggest beneficiaries in this round of gold surge. According to the World Gold Council data, Tether has become one of the entities with the highest global gold holdings, with its gold reserves comparable to the Qatar central bank (the UK gold reserves are 310 tons). Jefferies analysts wrote in a report in November: "Tether is the largest non-central bank holder of gold, and its holdings are comparable to smaller central banks such as those of Korea, Hungary, and Greece."

BlockBeats Note: The figures given in the report are only very conservative estimates. Tether explicitly disclosed an additional purchase of 26 tons of gold in Q3 2025, holding 116 tons of gold at that time. Therefore, the company already held 90 tons of gold before Q3, with the timing and cost of this part of the holding not clearly disclosed. The "over $5 billion" in the Jefferies report is also calculated based on the Q3 holdings data. Tether also increased its gold holdings by 27 tons in Q4. Recently, CEO Paolo Ardoino stated that the company is currently buying 1 to 2 tons of gold per week and will maintain this pace in the "coming months."

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.