Tether Stockpiles Gold as Dollar Dependence Waning

[chainsniff]

Tether has reportedly accumulated billions in physical gold, diverging from peers like Circle’s USDC, which primarily rely on short-term US Treasuries.

The company’s strategy positions gold as a hedge against fiat volatility and regulatory pressure, potentially recasting stablecoins as privately managed reserve assets rather than mere digital cash. Analysts note that Tether is behaving less like a payment processor and more like a sovereign wealth fund, stacking gold worth $12.9 billion instead of dollars.

[alex10]

A shift away from dollar dependence isn’t surprising — gold-backed reserves are safer optics.

[Abdul Khan]

Tether’s gold accumulation signals preparation for a more multipolar financial world.