Tether’s Secret $8B Gold Stockpile Amid Economic Uncertainty

Tether has gold reserves of $8B, which is placed in a vault in Switzerland. This amount of almost 80 tons of gold is basically almost what puts Tether among the largest gold coin owners around the world. Tether is a gold-backed token that has gold backing the XAUT. The company holds almost 5 per cent of the total reserves of Tether as stated in its March 2025 report.

This will be a change of strategy by Tether. The company has also adopted precious metals and they are now the same as banks and countries that use gold. The path is hard to choose by a crypto firm. The move by Tether puts to test the story that a bank or a government has a monopoly on gold reserves. This increase in the gold holdings is a manifestation of a shift in the growing economic uncertainty. This move is in line with the growing trend of the demand of physical assets in the current banking system.

Transparency and Skepticism Around Tether’s Reserve

Although the value of the gold held by Tether is worthwhile, there is the issue of transparency. Tether has not been audited with the help of an external auditor in terms of its gold claims. This spells doubts on their claims. Such issues reflect similar controversies of the past, such as the New York Attorney General settlement in 2021. In such a scenario, Tether revealed the reserves misrepresentation, which promotes even more doubts.

Tether is following a bigger market trend to amass gold. The financial institutions and the investors become more subject to hedge against the dangers of fiat currency. According to the World Gold Council in June 2025, the price of gold has increased by 20 percent as at that period of the year. The action of Tether indicates that it aims at protecting against the fluctuation of the conventional currencies. Most central banks have traditionally used gold in order to achieve this objective though crypto firms hardly apply this approach.