Tether, the issuer of the world’s largest stablecoin, added 27 metric tons of gold to its fund exposure in the fourth quarter of 2025. This is similar to its third-quarter purchases. Gold prices have been rising, breaking through key levels due to strong demand. Tether has become a significant source of gold demand due to its fast purchases for reserves. Each Tether-issued dollar token represents one U.S. dollar held in reserve. Tether XAUT stablecoin is fully backed by gold. Tether did not disclose the total amount of gold held in Switzerland for its products.

Read more at Yahoo Finance: Tether says it bought 27 tons of gold in fourth quarter