Tether's Gold Holdings Surpass $23 Billion, Ranking Among Top Global Bullion Holders

Tether has accumulated a significant reserve of physical gold, totaling at least 148 tonnes and valued at over $23 billion. According to NS3.AI, this substantial acquisition positions Tether among the top 30 largest holders of bullion worldwide, surpassing numerous nation-states. This development underscores a broader trend where cryptocurrency firms are increasingly incorporating physical assets into their reserves.