Tether is buying up to $1 billion of gold per month and storing it in a 'James Bond' bunker

Tether, the well-known stablecoin issuer, is reportedly planning to purchase up to $1 billion worth of gold each month, a significant investment that reflects the company's ongoing strategy to diversify its reserves. To ensure the security and protection of this valuable asset, Tether is opting to store the gold in a highly secure facility likened to a 'James Bond' bunker, a reference that conjures images of a top-secret, fortified location designed to safeguard treasures and sensitive materials from potential threats. This move underscores Tether's commitment to enhancing its financial stability and maintaining investor confidence in a rapidly evolving market landscape. source: https://www.coindesk.com/business/2026/01/28/tether-is-buying-up-to-usd1-billion-of-gold-per-month-and-storing-it-in-a-james-bond-bunker