Tether, a digital asset issuer, has put its physical gold reserves into This already exceeds the amount held by more than 30 countries.
According to public data on the websitethe company has accumulated 375,572 troy ounces, which is equivalent to approximately 11.6 tons of precious metals.supports Tether Gold (XAUT) products.
The following graph provided by Katusa Research shows how Tether’s gold accumulation has accelerated, measured in US dollars.
This accumulation positions private companies. It exceeds the gold reserves of countries like Paraguay. (8.19 tons), Columbia (4.68 tons), el salvador (1.37 tons) and Chile (0.25 ton) etc.
The growth in Tether reserves reflects a broader global trend: the growing demand for gold as a store of value asset.
As CriptoNoticias reported this week, this renewed interest has pushed metal prices to all-time highs, recently breaking the US$4,000 per ounce barrier in international markets.
BTC recently hit new highs for similar reasons: the search for safe-haven assets.