Secretly Amasses 140 Tons of Gold: $23 Billion in Tether Reserves Stored in a Swiss Bunker

Jakarta, Pintu News – Tether is back in the spotlight in the crypto and cryptocurrency market after revealing its large holdings of physical gold. The stablecoin issuer now holds around 140 tons of gold in a high-security bunker in Switzerland, valued at around USD 23 billion or equivalent to IDR 384.2 trillion.

This move makes Tether the largest non-state owner of gold reserves in the world. The strategy is positioned as an effort to strengthen value resilience amid increasing risks to the global financial system.

Swiss Bunker and Tether Gold Accumulation Scale

According to Crypto.news, Tether’s gold reserves are stored in a Cold War-era bunker in Switzerland designed for extreme security. The location is now the physical foundation for Tether’s digitally-based balance sheet. Management revealed that the company buys more than a ton of gold every week. At this rate, Tether has developed into a major player to be reckoned with in the global bullion market.

The scale of this accumulation is not merely symbolic. Large and consistent gold purchases have the potential to affect market liquidity, especially when demand from central banks and ETFs is also high. Some market participants think Tether’s activity could tighten the supply of physical gold. This marks a shift in the role of crypto entities from mere users of financial assets to systemic actors.

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Fiat Hedging and Support for USDT and XAUT

Tether management calls this gold reserve a hedge against fiat currency weakness and third-party risk. Gold is positioned to reinforce the stability of Tether USD and their gold tokenization product, Tether Gold . This strategy is in line with the global trend of rising gold prices fueled by inflationary concerns and geopolitical uncertainty. With hard assets as a crutch, Tether seeks to boost market confidence.

However, the move also sparked discussions on ownership concentration and reserve transparency. Some analysts think the accumulation of gold by a single private entity adds new risks to the market. On the other hand, crypto investors see the gold bunker as a concrete answer to the question of what supports the value of stablecoins. The symbolism of physical gold is thought to strengthen legitimacy amid skepticism towards digital assets.

Read also: Ethereum Ready to Launch ERC-8004, a New Standard for Trustless AI on the Mainnet

Impact on Crypto Market and Investor Perception

Tether’s move comes as the crypto market is relatively stable near cyclical highs. Bitcoin is trading at around USD 88,900 or around Rp1.49 billion, while Ethereum is at around USD 3,000 or Rp50.1 million.

This stability reinforces the narrative that the market is starting to look for a more solid foundation of value. Tether’s gold reserves are emerging as an important element in that context.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto.news. Tether holds 140 tons of Gold worth $23B, CEO reveals. Accessed January 29, 2026
• Featured Image: Medium