Tether’s Gold Accumulation Reshapes Precious Metals Market Dynamics
Tether has emerged as a disruptive force in Gold markets, with its bullion holdings now rivaling central bank reserves. The stablecoin issuer's 116-ton stockpile—worth $12.9 billion as of September—represents a strategic shift toward hard assets that's tightening physical supply.
The company plans to purchase an additional 100 metric tons in 2025, according to investment bank Jefferies. This aggressive accumulation coincides with gold's 60% annual surge to $4,049/oz, despite recent 7.2% monthly pullback.
CEO Paolo Ardoino's public comments about reserve allocations suggest Tether views gold as both inflation hedge and balance sheet fortification. Market analysts note the firm's activity now impacts price movements traditionally dictated by macroeconomic factors and central bank policies.
