Tether Emerges as Largest Gold Holder Globally

Tether Holdings SA has taken a major step in diversifying its reserves, becoming the world’s largest independent gold holder. The company holds approximately 116 tons of gold, representing roughly 7% of its total reserves, according to CEO Paolo Ardoino. This move significantly impacts Tether’s stability and market confidence. The company’s strategic expansion into physical assets strengthens USDT’s backing while sending ripples through the cryptocurrency world.