Tether Holds $8 Billion Gold Stockpile in Swiss Vault

Tether Quietly Built $8B Gold Reserves in Swiss Vault to Reduce Custody Costs: Report

Tether holds $8 billion gold stockpile in Swiss vault

Tether Holds an $8 Billion Pile of Gold in a Secret Swiss Vault

Tether Holdings SA, the issuer of the world’s largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold, with an eye to growing those stores.

Tether CEO Confirms 80 Tons Of Gold Reserves In Switzerland

Tether CEO Paolo Ardoino confirmed that his company keeps 80 tons of gold worth $8 billion in a secure location in Switzerland. The issuer of the USDT stablecoin also maintains 100,521 BTC in its reserves. Bloomberg recently uncovered that Tether is not only one of the world’s largest hoarders of Bitcoin (BTC), otherwise referred to as “digital gold” in crypto finance, but it also happens to be one of the largest holders of gold. According to th…

Tether moves eighty tons of gold into a private vault in Switzerland as stablecoin giant pushes back against EU regulation – TDPel Media

At a time when global markets feel shakier than ever and regulators are circling the crypto industry, stablecoin giant Tether is making a big, glittering statement—by going all in on gold. And not just a few bars locked away somewhere random. Tether has now moved a staggering 80 metric tons of gold—worth about $8 billion—into its very own vault in Switzerland. Why? It’s not just about shiny metal. It’s about control, strategy, and sidestepping r…

Tether Reportedly Holding $8B in Gold in Secret Swiss Vault

Tether Holdings SA, the issuer of the $159 billion USDT stablecoin, has secretly constructed and now operates its own high-security vault in Switzerland to store a massive $8 billion worth of gold. This revelation, reported by Bloomberg, positions Tether among the largest non-bank and non-state gold holders, with nearly 80 metric tons of the precious metal. Tether’s Fort Knox Tether CEO Paulo Ardoino confirmed the existence of the company-owned …