{ "id": 47602, "date": "2025-09-06T08:54:10", "date_gmt": "2025-09-06T01:54:10", "guid": { "rendered": "https:\/\/hbbgroup.net\/tether-holds-talks-to-invest-across-gold-supply-chain-report\/" }, "modified": "2025-09-06T08:54:10", "modified_gmt": "2025-09-06T01:54:10", "slug": "tether-holds-talks-to-invest-across-gold-supply-chain-report", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/tether-holds-talks-to-invest-across-gold-supply-chain-report\/", "title": { "rendered": "Tether holds talks to invest across gold supply chain: Report" }, "content": { "rendered": "
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Tether has accumulated $8.7 billion in physical gold and has a gold-backed cryptocurrency with a $1.4 billion market cap. <\/p>\n

\"Tether<\/picture><\/div>\n
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Stablecoin issuer Tether, the creator of USDt (USDT<\/a>), has begun discussions with mining and investment groups about deploying capital across the gold supply chain, according<\/a> to the Financial Times. The move would further diversify Tether’s portfolio risk.<\/p>\n

According to the report, Tether has been exploring deploying capital across several sectors in the gold business, including gold mining, refining, trading and royalty companies. <\/p>\n

The company has accumulated<\/a> $8.7 billion worth of physical gold, which is stored in a vault in Zurich, Switzerland. The reserves back Tether Gold (XAUT<\/a>), the firm\u2019s gold-pegged stablecoin with a market capitalization of about $1.4 billion.<\/p>\n

Tether\u2019s push into gold broadens is risk profile. Of its $162 billion in reserves, about $130 billion, or 80%, is held in cash, cash equivalents and short-term deposits, including $127 billion in direct and indirect US Treasury exposure. The company reported $5.7 billion in net profit in the first half of 2025, according<\/a> to a June audit report.<\/p>\n

Year-to-date, the price per ounce of gold has risen to about $3,600 at time of writing, representing a 36.5% surge in 2025, data by APMEX shows<\/a>.<\/p>\n

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Gold spot price YTD. Source: <\/em>APMEX<\/em><\/a><\/figcaption><\/figure>\n

Cointelegraph reached out to Tether for comment but had not received receive a response at time of publication.<\/p>\n

Tether has waded into the commodities market before. In October 2024, the company considered lending some of its profit to commodity traders<\/a>. In November 2024, Tether expanded into oil trading<\/a> through a $45 million financed crude oil transaction.<\/p>\n

On Friday, Tether increased its stake in Canadian gold royalty company Elemental with a $100 million share purchase, Bloomberg reported<\/a> Friday. The stablecoin issuer already owns 37.8% of the company, which acquires revenue streams from gold mining operations.<\/p>\n

Magazine: <\/strong><\/em>Legal Panel: Crypto wanted to overthrow banks, now it\u2019s becoming them in stablecoin fight<\/strong><\/em><\/a><\/p>\n