CapitalIssuance
Tether Gold Bullion Holdings Rise 59% This Year to 25.7 Tons at End of Third Quarter
Tether reported a 59% year-to-date expansion in its physical gold reserves backing XAUt, reaching 25.7 metric tons at the close of Q3.
So what
This substantial reserve expansion underscores the accelerating institutional and retail flight toward on-chain hard-asset proxies amidst macroeconomic uncertainty. For tokenized commodity markets, Tether's scaling solidifies XAUt's position as a dominant liquidity sink, heightening collateral concentration risk within a single issuer while setting a benchmark for reserve transparency.
