Tether Amasses 140 Tons of Gold as Bullion Hits Record $5,200

Tether Holdings has emerged as one of the world’s largest gold holders outside traditional financial institutions. The stablecoin giant now controls approximately 140 tons of bullion worth $23 billion at current market prices.

CEO Paolo Ardoino revealed the company’s aggressive accumulation strategy in a Bloomberg interview. Tether purchased more than 70 tons of gold throughout last year alone.

🚨 LATEST: TETHER HOLDS 140+ TONS OF GOLD WORTH $23B, THE LARGEST KNOWN PRIVATE STOCKPILE, STORED IN A NUCLEAR BUNKER. pic.twitter.com/l9whpdKqLC

— Coinwaft (@coinwaft) January 28, 2026

We are soon becoming basically one of the biggest, let’s say, gold central banks in the world.

Ardoino stated.

The crypto firm’s gold reserves now surpass holdings reported by the three largest exchange-traded funds combined. This positions Tether as the largest known treasury holder outside central banks, ETFs, and private banks.

Tether’s Weekly Accumulation Continues at Breakneck Pace

Ardoino disclosed that Tether has been acquiring more than one ton of gold every week. The company shows no signs of slowing its purchasing momentum.

“And it’s only growing,” he said, confirming intentions to maintain this pace for “definitely the next few months.”

The gold serves dual purposes within Tether’s business model. It backs both the company’s general reserves and its gold-backed stablecoin XAUT.

Ardoino explained the company’s flexible approach to future acquisitions. “Then of course, based on the market, we are going to decide,” he noted.

Quarterly assessments will determine ongoing gold demand. “Maybe we are going to reduce, we don’t know yet,” he added.

Meanwhile, Tether aims to compete directly with traditional banks in bullion trading. The strategy leverages massive profits generated from the company’s stablecoin operations.

USA₮ Launch Expands Tether’s Regulatory Footprint

Tether recently launched USA₮, a federally regulated stablecoin designed specifically for the American market. The token operates under the GENIUS Act framework.

🚨 JUST IN: TETHER LAUNCHES U.S. GENIUS ACT–COMPLIANT $USAT STABLECOIN. pic.twitter.com/NKfpx4CXVX

— Coinwaft (@coinwaft) January 27, 2026

Anchorage Digital Bank serves as the token’s issuer. The bank holds the distinction of being America’s first federally regulated stablecoin issuer.

Former White House Crypto Council Executive Director Bo Hines now leads Tether USA₮ as CEO. His appointment signals the company’s commitment to regulatory compliance.

Major exchanges have already integrated USA₮ for trading. Bybit, Crypto.com, Kraken, OKX, and Moonpay now support the new stablecoin.

Cantor Fitzgerald has been appointed as the designated reserve custodian and preferred primary dealer. The firm will manage assets securely and provide reserve transparency from day one.

Additional U.S.-regulated exchanges and banking partners are being onboarded. The objective remains full integration across the American financial ecosystem.

Technical Analysis

Spot gold prices have surged past $5,200 per ounce, establishing new all-time highs. Some reports place prices above $5,300 per ounce.

📊 UPDATE: GOLD HITS A NEW ALL-TIME HIGH OF $5,200, EXTENDING ITS STRONG MOMENTUM AS INVESTORS KEEP PILING INTO SAFE-HAVEN ASSETS. pic.twitter.com/aIj9ADVUYH

— Coinwaft (@coinwaft) January 28, 2026

A weakening U.S. dollar and robust safe-haven demand have driven the rally. Investor appetite for bullion continues amid persistent macroeconomic uncertainty.

Support levels remain firm at the $5,000 mark. Buyers have consistently defended this threshold during recent pullbacks.

Recent trading sessions recorded one of the largest weekly price ranges in history. Elevated volatility accompanies strong trend momentum.

Institutional and private investors have increased bullion allocations significantly. Currency risk and policy uncertainty continue fueling demand.

Central banks remain net buyers of gold globally. Geopolitical tensions show no signs of easing in the near term.

Major financial institutions project year-end 2026 targets above current levels. Consensus forecasts anticipate continued upside potential.

The technical outlook remains bullish. Gold prices are fundamentally supported by safe-haven flows, central bank buying, and macroeconomic pressures favoring hard assets.