Tether Pauses Bitcoin Purchases: World’s Largest Gold Buyer In Q3 With Over 1...
Tether, the issuer of the world’s most widely used stablecoin, USDT, has evolved over the years into one of the most profitable and resilient firms within the crypto space. Under the leadership of CEO Paolo Ardoino, Tether has broadened its focus beyond digital assets, becoming a significant player in the commodity market, particularly with substantial […]
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According to a recent report, the world’s largest stablecoin company, Tether, and a partner firm are looking to raise capital for a digital asset treasury company that would accumulate its tokenized gold. Tether To Launch Digital Asset Treasury Firm With XAUT: Report On Friday, October 3rd, Bloomberg reported that Tether and financial services firm Antalpha […]
Tether, the issuer of the world’s largest stablecoin, USDT, has announced impressive financial results in its third-quarter (Q3) attestation report, revealing year-to-date profits that exceed $10 billion. Tether Discloses Billions In Gold And Bitcoin Holdings The third quarter of 2025 marked a significant milestone for the firm, with over $17 billion in new USDT issued—one […]
Tether’s latest move in South Korea goes beyond protecting a product name. The company behind the world’s largest stablecoin filed seven trademark applications with the Korea Intellectual Property Rights Information Service on May 19, covering not just its tokens but its company name, official logo, and gold-backed asset Tether Gold, known as XAUT. Related Reading: […]
Quick Facts: 1️⃣ Tether CEO Paolo Ardoino reaffirmed that Bitcoin and gold will outlast every fiat currency, echoing Tether’s strategy of holding both as reserve assets. 2️⃣ $BTC is up 23% YTD and gold 55.95%, while the U.S. dollar index has fallen nearly 9%. 3️⃣ Tether continues allocating up to 15% of profits into Bitcoin […]
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market Cap Swells Over 19,000% in Less Than 2 Years, While Pax Gold Increased by More Than 15,000% On February 21, 2020, the market valuation of tether gold (XAUT) was $2.1 million and 23 months later, the valuation has increased by....