Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Jefferies says Tether's gold reserves exceed $23 billion, ranking among the world's top 30.

Jefferies says Tether's gold reserves exceed $23 billion, ranking among the world's top 30.

AIcoinAIcoin2026/02/09 07:32
Show original
Jefferies analysts estimate that Tether holds at least 148 tons of physical gold, ranking among the world's top 30 gold holders. The report points out that Tether purchased about 32 tons of gold between the end of 2025 and January 2026, with a purchasing speed second only to Brazil and Poland. Its total reserves are now close to the level of a medium-sized sovereign nation. Tether uses gold as a reserve to support the USDT stablecoin and the gold-backed XAUT. CEO Paolo Ardoino revealed plans to shift up to 15% of the company's investment portfolio toward gold assets.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

After Nvidia (NVDA.US) plunged 32%, Goldman Sachs cited the Apple precedent, while Fundstrat even called for “buying the dip.”

After Nvidia plunged by 32%, Goldman Sachs suggested, drawing parallels with Apple, that its valuation might face pressure before recovering. Tom Lee advocated for "buying the dip," with all differing opinions pointing to declines as investment opportunities.

智通财经•2026/11/13 01:48