Tether Holds Over $5 Billion in Gold Reserves, Still Buying 1 to 2 Tons Weekly

By: theblockbeats.news|2026/01/29 14:00:32
0
Share
copy

BlockBeats News, January 29th, according to the Financial Times, as the price of gold hits record highs, the world's largest stablecoin company Tether's gold holdings have appreciated by over $5 billion.


Based on data disclosed by Tether, Jefferies Group estimates that as of the end of September, Tether held about 116 tons of gold, valued at around $14.4 billion at the time. At the end of September last year, the gold price was around $3,858 per ounce, but amid rising geopolitical uncertainty and investors flocking to safe-haven assets, it has now surged to over $5,200, meaning Tether has realized over $5 billion in appreciation on this part of its holdings.


This week, Tether stated that it further purchased 27 tons of gold bars in the fourth quarter of last year to back its gold-backed stablecoin, and just this year, this additional holding has appreciated by at least $700 million.
The current total value of Tether's gold holdings is around $24 billion, making it one of the biggest beneficiaries in this round of gold surge. According to the World Gold Council data, Tether has become one of the entities with the highest global gold holdings, with its gold reserves comparable to the Qatar central bank (the UK gold reserves are 310 tons). Jefferies analysts wrote in a report in November: "Tether is the largest non-central bank holder of gold, and its holdings are comparable to smaller central banks such as those of Korea, Hungary, and Greece."


BlockBeats Note: The figures given in the report are only very conservative estimates. Tether explicitly disclosed an additional purchase of 26 tons of gold in Q3 2025, holding 116 tons of gold at that time. Therefore, the company already held 90 tons of gold before Q3, with the timing and cost of this part of the holding not clearly disclosed. The "over $5 billion" in the Jefferies report is also calculated based on the Q3 holdings data. Tether also increased its gold holdings by 27 tons in Q4. Recently, CEO Paolo Ardoino stated that the company is currently buying 1 to 2 tons of gold per week and will maintain this pace in the "coming months."

-- Price

--

You may also like

LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

These days, even hackers are losing money

Although hackers possess excellent skills and can complete a meticulous harvest in a matter of hours, the market does not care where the chips come from; in the face of a bear market, everyone is treated equally.

Arm Chips In-House: Rewire News Brief

For Intel and AMD, the x86 Moat Just Got a Little Less Secure

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis

Stablecoins have not truly addressed the two core pain points of domestic settlement and exchange rate conversion.

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors

Altman is Telling a Growth Story in Subtraction

The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn

Arm's decision to fabricate chips is essentially competing with its own customers

Popular coins

Latest Crypto News

Read more