BiyaPay Analyst: Tether Accelerates Gold Hoarding, Increases Holdings by Over One Ton Weekly
BlockBeats News, November 14th, Tether is rapidly increasing its gold reserves at an astonishing pace. The latest quarterly data shows that its gold holdings have risen to $12.9 billion, a surge of over $7.6 billion since the end of 2024, equivalent to adding over one ton of gold per week, a growth rate even surpassing that of most sovereign central banks. Meanwhile, Tether has also acquired gold mine concessions, onboarded top precious metals traders, and is building a complete gold industry chain layout from mining to trading.
BiyaPay analysts pointed out that Tether's strategy is fundamentally to build a composite reserve system of "US Treasury interest + gold and Bitcoin appreciation," hedging the dollar's cyclical fluctuations with gold and strengthening the long-term credit endorsement of USDT. This model makes Tether more like a "borderless central bank" and also makes gold a significant source of its profits. Investors can use USDT on BiyaPay to participate in U.S. stock gold or gold futures, positioning early for the long-term benefits brought about by this structural shift.
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