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The rope moves 80 tons of gold abroad star-news.press/wp

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The rope, the company behind USDT Stablecoin, almost move 80 tons of gold– 8 billion dollars value – in its cellar in Switzerland.

According to a reportCEO Paulo Erdino says this private burial is the “most secure in the world.” He added that gold “must be one of the safest origins of any national currency.” This step follows the previous step for Tether to hold 7.7 tons of gold, which reaches about 80 tons since its report in March.

Swiss cellar move in Tether

Tether has prepared its own cellar to reduce the high fees charged by external operators, according to reports. Erdino noted that if Tether Gold Token grows to $ 100 billion in trading, then paying 50 basis in detention fees will be a lot of money.

He said that the operation of one facility can drop public expenditures, and it is easy to add more gold in the future. It also gives the company a great way to show concrete support for a part of its stablecoin reserves.

Behind precious metals

It goes beyond Tether’s possessions gold. According to the company’s report Q1 2025, he had nearly $ 100 billion in US Treasury bonds. Total reserves vary depending on the number that is used – $ 112 billion as of March or nearly $ 160 billion based on the maximum USDT market last month. Either way, gold is less than 5 % of the total supported support for USDT.

The total maximum Crypto market is currently at $ 3.33 trillion. table: Tradingvief

Gold is a small share

Market data shows that USDT arrived near A. The market ceiling is 160 billion dollars 62 % of the Stablecoin sector of $ 250 billion. However, gold is still a simple piece of this puzzle.

Tether has a massive inventory of the precious metal. Image: The Royal Mint

The precious metals sit alongside FIAT and Bonds, not instead. The transition to the centrality of gold is a sign that Tether wants to diversify the reserve mixture. It also reflects broader trends: the central banks, especially in the BRICS countries, were buying gold, and investor flows increased to the golden traded investment funds after prices reached their highest levels on annuals.

The gold reserves in Tether are identical to precious metals and exposure to commodities for major banks, according to Bloomberg a report. This comparison places a scale of 80 tons in its correct perspective. But he also confirms how 80 tons are located in a trillion dimensions kept by governments and large banks.

Distinctive image from Unsplash, tradingvief chart

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2025-07-10 03:00:00

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