Tether Becomes the New Gold King After Beating Central Banks

• Tether acquired 26 tons of gold in Q3 2025, surpassing global central banks.
• Gold prices soared over 50% this year, with Tether’s massive purchases tightening supply.

Tether has accelerated its gold purchase during the third quarter of 2025. Recent data shows the addition of around 26 tons of gold in just one quarter, pushing its total gold reserves to roughly 116 tons. This figure puts Tether at a level even higher than the purchases of many central banks during the same period. The acquired gold is used as part of their reserves to back USDT and the gold token XAUT.

Tether Steps Into a Gold Market Long Ruled by Central Banks

Last October, we highlighted Tether’s plan with Antalpha to raise around $200 million to build a dedicated digital treasury to accumulate XAUT. Antalpha will reportedly build a global vault and lending service for the gold token, while Tether seeks to strengthen its reserves beyond US Treasuries.

However, regulation in the United States, through the GENIUS Act, has imposed new restrictions on the use of gold as a reserve for stablecoins seeking to remain compliant with US regulations. While this regulation hasn’t halted Tether’s strategy, uncertainty about the future of its gold reserves in certain regions remains a closely watched topic.

New Alliances Hint at Wider Ambitions in the Digital Economy

Recently, news emerged that President Donald Trump was building a 90,000-square-foot ballroom at the White House with private funds. Tether’s name was among those of Coinbase, Ripple, Amazon, Microsoft, and HP on the list of backers for the project.

Tether also made a splash in other news when Rumble partnered with it to introduce a Bitcoin tipping feature as a new monetisation model for creators. This feature is still being tested and is targeted to go live in early to mid-December.