BiyaPay analyst: Tether is accelerating its gold hoarding, adding over one ton of gold per week.
TL;DR
Tether is rapidly increasing its gold reserves, adding over one ton per week, and building a full gold industry chain. This strategy aims to hedge against dollar fluctuations and strengthen USDT's credit, positioning it as a 'borderless central bank'.
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On November 14th, Tether is accumulating its gold reserves at an astonishing pace. The latest quarterly data shows its gold holdings have risen to $12.9 billion, a surge of over $7.6 billion since the end of 2024, equivalent to acquiring more than one ton of gold per week—a growth rate exceeding that of most sovereign central banks. Simultaneously, Tether is acquiring gold mining concessions and recruiting top precious metals traders, building a complete gold industry chain from mining to trading.
BiyaPay analysts point out that Tether's strategy is essentially to create a composite reserve system of "US Treasury interest + gold and Bitcoin appreciation," using gold to hedge against the cyclical fluctuations of the US dollar and strengthening the long-term credit backing of USDT. This model makes Tether more like a "borderless central bank" and makes gold an important source of its profits. Investors can use USDT on BiyaPay to participate in US stock gold or gold futures, positioning themselves in advance for the long-term benefits brought by this structural change.