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2026-08-07 09:50:51 UTC

Blockchain Report on Nostr: Tether, a prominent stablecoin issuer, has significantly expanded its gold holdings, ...

Tether, a prominent stablecoin issuer, has significantly expanded its gold holdings, acquiring an additional 14 tons in the second quarter, bringing its total reserves to a record-high approximately 146 tons. This strategic accumulation positions Tether as one of the largest known private gold holders, excluding central banks and governments. The value of Tether's gold reserves now stands at an estimated $18.8 billion at current market prices. Since the first quarter of 2025, Tether's gold reserves have more than doubled, with the company having acquired approximately 53 tons between the third quarter of 2025 and the first quarter of 2026.

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