🔱 How Tether Became the Biggest Buyer of Gold – Challenging Its Own Crypto Narrative.

[{"type":"paragraph","children":[{"text":"Tether has quietly surpassed every central bank to become one of the strongest buyers of gold in recent months."}]},{"type":"paragraph","children":[{"text":"With a strong commitment to the long-term future of cryptocurrencies, Tether strong shift into gold has many wondering what the motive for this change is."}]},{"type":"heading-two","children":[{"text":"Gold's record 56% price surge in 2025"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"Gold's record 56% rally by 2025 is often attributed to concerns about financial dominance, rising public debt, loose monetary policy and declining confidence in major currencies."}]},{"type":"list-item","children":[{"text":"These concerns have prompted central banks in countries such as Kazakhstan, Brazil and Turkey "},{"type":"link","url":"https://vn.beincrypto.com/top-3-price-prediction-bitcoin-gold-silver-bulls-come-ashore-ahead-of-october-fomc-minutes/","children":[{"text":"to increase their gold purchases"}]},{"text":" , thereby cementing the metal's status as the world's safest haven asset."}]},{"type":"list-item","children":[{"text":"However, a recent analysis by Jefferies revealed a surprise. Tether bought 26 tons of gold in the third quarter — "},{"type":"link","url":"https://vn.beincrypto.com/tether-central-bank-gold-strategy/","children":[{"text":"more than any central bank"}]},{"text":" . By the end of September, the company's total gold holdings reached about 116 tons, worth about $14 billion."}]},{"type":"list-item","children":[{"text":"Tether 's presence in the gold market far exceeds "},{"type":"link","url":"https://vn.beincrypto.com/tether-gold-q1-2025-report/","children":[{"text":"that of its XAUt Token"}]},{"text":" , with holdings of less than 12 tonnes despite a market Capital of $1.6 billion. Jefferies reported that the company has expanded its gold reserves to support both USDT and XAUt."}]},{"type":"list-item","children":[{"text":""},{"type":"link","url":"https://beincrypto.com/learn/buy-usdt/","children":[{"text":"USDT 's circulation"}]},{"text":" increased from $174 billion in the third quarter to $184 billion in mid-November, according to Reuters. Gold has become a larger part of the backing as supply has increased. The precious metal now accounts for about 7% of Tether's reserves, worth about $13 billion."}]},{"type":"list-item","children":[{"text":"In total, "},{"type":"link","url":"https://beincrypto.com/learn/best-usdt-wallet/","children":[{"text":"Tether"}]},{"text":" holds approximately 104 tonnes of gold for USDT and 12 tonnes for XAUt. The scale and consistency of these purchases underscore its growing influence in the gold market."}]}]},{"type":"paragraph","children":[{"text":"However, this rapid accumulation has raised a new layer of controversy."}]},{"type":"heading-two","children":[{"text":"The new US genius act and Tether"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"Tether ’s growing gold position puts it at odds with "},{"type":"link","url":"https://vn.beincrypto.com/genius-act-staking-loophole-us-banking-risk/","children":[{"text":"the new US GENIUS Act"}]},{"text":" , which prohibits any compliant issuer from holding gold as part of its reserves. It pushes companies seeking approval to rely on cash, Treasury bonds, or other liquidation and transparent assets."}]},{"type":"list-item","children":[{"text":"Tether announced a "},{"type":"link","url":"https://vn.beincrypto.com/tether-usat-stablecoin-us-regulation-bo-hines/","children":[{"text":"GENIUS-compliant Token called USAT"}]},{"text":" that does not include any gold. However, the company continued to add to USDT 's gold reserves even after the law was passed."}]}]},{"type":"heading-two","children":[{"text":"Confusion over Tether 's decision"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"It’s unclear why Tether is focusing on gold during this transition period. Gold prices have also cooled since hitting $4,379 in mid-October. The metal is now trading more than 6% below that peak."}]},{"type":"list-item","children":[{"text":"Still, Tether 's commitment to physical gold underscores the deeper integration between cryptocurrencies and traditional safe-haven assets."}]}]},{"type":"heading-two","children":[{"text":"The intersection of gold and bitcoin"}]},{"type":"bulleted-list","children":[{"type":"list-item","children":[{"text":"The convergence between gold and Bitcoin, often referred to as “digital gold,” is not entirely surprising. Both attract buyers worried about the weakness of major currencies. Many XEM the limited-edition assets as a hedge against long-term weakness."}]},{"type":"list-item","children":[{"text":"However, in reality, these two markets behave very differently."}]},{"type":"list-item","children":[{"text":"Bitcoin has grown rapidly over the past decade but remains highly volatile. Recent price movements have made that clear. The Token "},{"type":"link","url":"https://vn.beincrypto.com/october-10-market-crash-bitcoin-digital-gold-dream/","children":[{"text":"has fallen sharply in recent months"}]},{"text":" , acting more like a high-beta technology asset than a currency hedge."}]},{"type":"list-item","children":[{"text":""},{"type":"link","url":"https://beincrypto.com/learn/best-stablecoins/","children":[{"text":"Stablecoins"}]},{"text":" operate on a different promise."}]},{"type":"list-item","children":[{"text":"They offer instant redemption and "},{"type":"link","url":"https://vn.beincrypto.com/kyrgyzstan-dollar-stablecoin-backed-by-gold/","children":[{"text":"rely on reserves to keep them stable"}]},{"text":" . However, the cryptocurrency sector continues to show its fragility in the face of sudden stress. Rapid shifts in sentiment can happen at any time."}]}]},{"type":"paragraph","children":[{"text":"If demand for stablecoins collapses, pressure will fall directly on the assets that back them. That includes Tether's growing gold holdings. A sharp market reversal could spur gold selling, dragging traditionally stable assets into the turmoil of crypto-driven markets."}]},{"type":"paragraph","children":[{"text":"\n"},{"type":"topic","character":"Tether","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Gold","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"Jucom","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"cryptocurrency","children":[{"text":""}]},{"text":" "},{"type":"topic","character":"blockchain","children":[{"text":""}]},{"text":" "},{"type":"coin","currencyId":7,"currency":"btc","symbolId":6,"symbol":"btc_usdt","logo":"https://web.jucoin.online/cdn/coin/logo/btc.png","fullName":"Bitcoin","character":"BTC/USDT","children":[{"text":""}]},{"text":" "},{"type":"coin","currencyId":8,"currency":"eth","symbolId":7,"symbol":"eth_usdt","logo":"https://web.jucoin.online/cdn/coin/logo/eth.png","fullName":"Ethereum","character":"ETH/USDT","children":[{"text":""}]},{"text":" "},{"type":"coin","currencyId":128,"currency":"ju","symbolId":73,"symbol":"ju_usdt","logo":"https://storage.webstatic.cc/1/currency/3908d2d8-94c4-4db9-9fc5-9a5bdaae5860-1758872417826.png","fullName":"JU","character":"JU/USDT","children":[{"text":""}]},{"text":" "}]}]