Tether currently holds 116 tons of gold, a size comparable to that of the central banks of South Korea and Hungary.

According to Foresight News , citing Cointelegraph, Tether currently holds 116 tons of physical gold, a scale comparable to that of the central banks of South Korea and Hungary, making it the largest gold holder outside the central bank system. Tether's gold purchases last quarter accounted for nearly 2% of global gold demand and nearly 12% of central bank gold purchases, and its recent continuous buying may have already impacted short-term market sentiment.

The report cites investors who believe Tether's profits are expected to reach $15 billion this year, and the company may purchase another 100 tons of gold in 2025. Furthermore, Tether has invested over $300 million in the precious metals industry and supply chain this year, and since August has minted an additional 275,000 ounces of gold (approximately $1.1 billion) in its gold token Tether Gold (XAUt). XAUt currently has a market capitalization of approximately $2.1 billion.