Tether's Gold Reserves Surpass $23 Billion, Ranking Among Top 30 Holders Worldwide

BlockBeats News, February 9th, Jefferies, the Wall Street investment bank, released a report stating that stablecoin issuer Tether continues to increase its gold holdings. As of January 31st, its gold reserves have increased to about 148 tons, valued at approximately $23 billion at current prices, surpassing the holdings of many sovereign nations and ranking among the top 30 global gold holders.

The report shows that Tether increased its gold holdings by about 26 tons in the fourth quarter of 2025 and continued to increase by about 6 tons in January this year. Its quarterly gold purchase scale is second only to a few central banks such as Poland and Brazil. Currently, its gold reserve size has exceeded countries such as Australia, the UAE, Qatar, South Korea, and Greece.

Jefferies pointed out that the above gold is mainly used to support the US dollar stablecoin USDT and the gold-backed token XAUT. Since Tether is a privately held company, its disclosure data may only be at a minimum level, and the actual gold holdings may be higher than the published figures. Tether CEO Paolo Ardoino previously stated that the company plans to allocate about 10%-15% of its portfolio to physical gold. (CoinDesk)