The Swiss gold reserves of the StableCoin giant Tether
The StableCoin giant Tether covers almost 5% of its reserves with physical gold and is stored around 80 tons in a private bar vault in Switzerland.
Tether Holdings Sa, issuer of the global dominant stable coins USDT, has Sea Bloomberg over an 8 billion dollar gold depot in a secret location in Switzerland. With about 80 tons of precious metal, the company is one of the world's largest gold owners outside of states and banks.
Gold as a strategic reserve module
According to current data, gold stocks make up almost 5% of Tether's total reserves (around $ 112 billion). In an interview, CEO Paolo Ardoinino described the safe as “the safest safe in the world”. The independent storage in a company -owned Vault sink the costs compared to third -party providers and increases control over the stocks.
Tether ranks near large global financial actors – the company's gold ownership corresponds to that of UBS – and exceeds many other private institutions. The step is interpreted as a conscious diversification plan: In view of increasing public debt, gold should serve as a stable reserve owner.
Regulatory reactions and challenges
With a view to new regulations such as the GENIUS Act In the United States and Mica in the EU, which could exclude precious metals as a reserve, Tether's strategy is under observation. If, for example, the company wants to be officially approved as a stable coin emittee in the EU, it would have to liquidate its gold stocks-or only use it for the Xaut token, which is directly covered by physical gold.
Tether already operates the gold -covered TOKEN XAUT, for which around 7.7 tons of physical gold are kept – this remains unaffected by regulatory restrictions. The majority of the remaining around 72 tons of gold is intended for the reserve behind Usdt.
Tether's gold strategy sends a clear signal to the industry: Reserve transparency and diversification are increasingly becoming a competitive factor for stable coin emitters. While many providers rely exclusively on short-term US state bonds or cash, Tether takes a different path with physical gold ownership- with the aim of creating currency and interest-independent collateral.
