{"id":91456,"date":"2025-11-26T17:05:50","date_gmt":"2025-11-26T14:05:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91456"},"modified":"2025-11-26T17:10:12","modified_gmt":"2025-11-26T14:10:12","slug":"tethers-gold-reserves-match-those-of-south-korea-greece-and-hungary","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tethers-gold-reserves-match-those-of-south-korea-greece-and-hungary\/","title":{"rendered":"Tether&#8217;s Gold Reserves Match Those of South Korea, Greece, and Hungary"},"content":{"rendered":"<p>By the end of September, <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-tether-usdt\">Tether&#8217;s<\/a> reserves reached 116 tonnes of gold. This amount is comparable to the reserves of South Korea, Hungary, or Greece, according to <a href=\"https:\/\/www.ft.com\/content\/37f80249-2ca0-4369-9898-bde2689d443a\">Fortune<\/a>, citing analysts from investment bank Jefferies.<\/p>\n<p>Experts have identified the issuer of <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-stablecoins\">USDT stablecoins<\/a> as the largest holder of precious metals outside the public sector.<\/p>\n<p>Analysts noted that the company&#8217;s aggressive purchases may have directly influenced the recent rise in the market value of gold. In the last quarter, Tether accounted for nearly 2% of global demand, equivalent to 12% of the total purchases by all central banks.<\/p>\n<p>According to Jefferies, the issuer plans to acquire about 100 more tonnes of physical gold by 2025. The financial outlook supports this plan: the firm&#8217;s projected profit this year is approaching $15 billion.<\/p>\n<p>Experts believe the company is betting on the widespread adoption of tokenized gold. Since early August, Tether has added over 275,000 ounces of metal, worth about $1.1 billion, to back its gold stablecoin <a href=\"https:\/\/u1f987.com\/en\/news\/tether-reveals-7-6-tons-of-gold-backing-for-xaut\">XAUT<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/img-63a06d48b6763e1c-10558556214580289.webp\" alt=\"Screenshot 2025-11-26 164956\" class=\"wp-image-270547\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/gold.tether.to\/\">Tether Gold<\/a>.<\/figcaption><\/figure>\n<p>Unlike <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETFs<\/a> or physical ownership, tokenized gold offers 24\/7 trading and no storage fees. Jefferies believes Tether CEO Paolo Ardoino views this asset as a &#8220;natural bitcoin&#8221; and a means of diversifying reserves amid U.S. dollar risks.<\/p>\n<p>Earlier in 2025, Tether International&#8217;s net profit <a href=\"https:\/\/u1f987.com\/en\/news\/tethers-profits-surpass-10-billion-in-2025\">exceeded $10 billion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By the end of September, Tether&#8217;s reserves reached 116 tonnes of gold. This amount is comparable to the reserves of South Korea, Hungary, or Greece.<\/p>\n","protected":false},"author":1,"featured_media":91457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Tether's gold reserves reached 116 tonnes, matching those of South Korea, Greece, and Hungary.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[536,1245],"class_list":["post-91456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-gold","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"284","promo_type":"1","layout_type":"1","short_excerpt":"Tether's gold reserves reached 116 tonnes, matching those of South Korea, Greece, and Hungary.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/91456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=91456"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/91456\/revisions"}],"predecessor-version":[{"id":91458,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/91456\/revisions\/91458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/91457"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=91456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=91456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=91456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}