Tether has about 80 tons of gold as a reserve, reveals Paolo Ardoino
Tether is committed to physical gold to reinforce his position in the Stablecoins market. The company ensures that the decision will reduce long -term costs and provide greater financial autonomy.
***
- Tether It stores almost 80 tons of gold, valued at USD $ 8,000 million, in a private vault in Switzerland.
- About 5% of their reserves are now in precious metals, surpassing many financial institutions.
- Regulations in the US and the EU could force it to sell gold if you seek to formally operate in those markets.
The world’s largest stable company in the world, Tether, He has confirmed that he currently stores almost 80 gold metric tons in a private vault in Switzerland, with an estimated value of USD $ 8,000 million.
The revelation came in an interview conducted by Bloomberg – reviewed by Cryptopolitan – To the company’s CEO, Paolo Ardoino. According to the manager, the company chose to own its own vault to reduce costs, climb operations and ensure total control over its physical support.
Based in El Salvador, Tether currently manages more than USD $ 159,000 million in tokens USDT In circulation, backed by a combination of US Treasury bonds, effective and, now, precious metals. The decision to migrate to a solution of own custody seeks independence of third parties and savings in commissions that usually surround the 50 basic points.
Gold enters the scene as a strategic asset
Since March 2025, the reports of Tether They indicate that approximately 5% of their reserves are composed of precious metals, mostly gold. This proportion places the company at the level of large financial institutions such as UBS Group Ag In terms of ingots linked to their treasury, a space traditionally dominated by central banks and governments.
Instead of using external custodians, Tether He built his own infrastructure. “It is a lot of money to pay 50 basic points,” Ardoino commented, justifying movement as a long -term investment that reduces costs as the volume of assets grows.
The initiative is also linked to another product of the company: Xaut, A token backed one by one by physical gold. Each unit is equivalent to an ounce of metal and can be exchanged for its equivalent stored in Switzerland.
Currently, there are about 7.7 tons of gold linked to Xaut, valued at USD $ 819 million, a small figure in front of giants such as SPDR Gold Shares, which has about 950 tons.
A stalker regulations for physical assets
Despite the enthusiasm of Tether For accumulating gold, regulators both in the United States and the European Union have shown reservations about this type of support.
In both blocks, current and proposed regulatory frameworks limit backup assets for stable cash currencies and short -term government bonds, explicitly excluding precious metals.
This implies that, yes Tether He decides to officially operate in these markets, he could be forced to liquidate his golden holdings to comply with the regulations. However, the company seems to be betting on more lax markets or parallel tokenization strategies, such as Xaut, that is not directly linked to USDT
A shelter against global economic uncertainty
Ardoino has defended gold investment as a logical response to the growing macroeconomic instability. “I think gold should be logically a safer asset than any national currency ”he said, referring to the levels of debt of the United States and the growing distrust of Fiat currencies.
The value of gold has increased by 25% so far this year, driven by geopolitical tensions, commercial wars and uncertain monetary decisions. According to Ardoino, the central banks of the countries BRICS They have aggressively increased their gold reserves. “Each central bank of the BRICs is buying gold. That is why we believe the price rose “held.
In that context, store gold directly gives Tether A competitive advantage: absolute control over its assets and lower operating costs. According to company calculations, if Xaut A capitalization of USD $ 100,000 million will reach, external custody costs could exceed hundreds of millions annually. Having the vault eliminates that load.
Concerns about transparency and control
However, the strategy has also generated alarm among regulatory entities and security agencies. The stablecoins, such as USDT, They have been indicated for their potential to facilitate movements of large amounts of money without supervision, and the incorporation of gold – an active less traceable – intensifies those concerns.
Historically, the opacity in the composition of the reserves of Tether It has been criticized. The introduction of physical gold as support only envives the debate on transparency and control mechanisms.
Despite this, Tether Keep advancing with its commitment to hard assets. The company considers that in an increasingly volatile world and less dependent on centralized banking, having control over its reserves is an asset in itself. The acceptance or not of gold as a legitimate support by regulators and users will be decisive for the future of the model.
Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin
Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.
WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.
Subscribe to our newsletter
