Tether is preparing historical diversification with gold

Gold is already one of the major guarantees of Tether to support its stablecoins. But the company has just taken an unprecedented step: to go from simple gold holder to active investor throughout the sector, from mines to royalties companies. With 8.7 billion dollars stored in Zurich and a stablecoin backed by gold, Tether writes a new page in its history and redefines its place in the global crypto ecosystem.

When Tether moves behind the scenes of the gold market

TETHER, USDT transmitter, already has $ 8.7 billion in gold bars, placed in a Zurich chest. This physical gold supports the stablecoin Tether Gold (XAUT), whose capitalization recently exceeded $ 1.3 billion. But the company wants to go further: it has engaged Discussions with mining companies and royalties like Elemental Altus.

In June, Tether acquired almost 38 % of this Canadian company for around $ 82 million, with the option of exceeding 50 % participation. The objective is clear: to position yourself on the entire value chain of yellow metal.

In a market where credibility remains the nerve of war, Tether seeks to reassure its partners and detractors. By anchoring his crypto empire in a tangible and millennial asset, the company sends a strong signal.

Now, bitcoin and rhetoric: Tether wants to seduce crypto-investors

The price of gold has reached A summit of $ 3,587 an ounce In early September, an increase of 90 % since 2022. This flight is explained by record purchases of central banks, wishing to protect itself from sanctions and volatility of the dollar. To Tether, this dynamic is a boon.

For Paolo Ardoino, gold embodies a timeless refuge value in the face of monetary uncertainties. During the Bitcoin 2025 conference, he presented this metal as a natural bitcoin mirror, recalling that both share this status of rarity and independence from states.

The success of the Stablecoin Xaut illustrates this story. In August 2025, only one day of emission injected $ 437 million in chips, proposing its capitalization beyond 1.3 billion. For crypto investors, accustomed to volatility, the promise is attractive: associating the liquidity of the stablecoins with the solidity of an asset refuge.

Tether is thus positioned as an unprecedented bridge between two universes that many believed incompatible.

A disguised crypto sovereign fund?

Tether's strategy is far beyond gold. In recent years, Crypto has deployed its profits in more than 120 companies, from energy to energy. It has invested $ 600 million in ADECOAGRO, a Brazilian agricultural group, 45 million in petroleum, and has taken holdings in Orionx (Chile) or BIT2ME (Spain).

This diversification is more and more like that of a sovereign fund. Not funded by tax revenue, but by USDT profits, whose capitalization exceeds $ 160 billion.

Some figures that speak for themselves

• 8.7 billion dollars: Golden value held by Tether in Zurich;
• 1.3 billion: capitalization of Tether Gold (XAUT) after a record program in August;
• 38 %: Participation of Tether in Elemental Altus, Canadian company of gold royalties;
• 120 companies: The number of TETHER participations through the energy, agricultural and crypto sectors.

For traditional actors, this expansion is surprising. A leader in the raw materials sector has entrusted:

Tether is the strangest society with which I have ever worked.

But this atypical character is also what allows the company to reinvent itself, at the crossroads of classical finance and crypto innovation.

Barely one month after announcing $ 5.7 billion in semi -annual profits, Tether offers a new transformation by leaning gold. This diversification confirms its central role in digital finance. But she also raises a question: does Crypto company not seek to become the equivalent of a state, building its own sovereign fund from Stablecoins?