Tether Stores $8 Billion Worth of Gold in Switzerland, What’s the Reason?

Jakarta, Pintu News – Tether, the company behind the Tether stablecoin (USDT), recently moved around 80 tons of gold – worth approximately $8 billion – into their private vault in Switzerland. The move has caught the attention of many given the immense value and the implications of this decision.

Tether Gold Storage in Switzerland

Tether established their private vault in Switzerland to reduce the high fees usually charged by outside operators. Paolo Ardoino, CEO of Tether, stated that if the circulating value of Tether Gold tokens reaches $100 billion, the 0.50% storage fee would be a huge amount.

By owning their own facility, Tether can reduce overhead costs and make it easier to add gold in the future. The vault also provides an effective way for Tether to demonstrate tangible support for a portion of their stablecoin reserves. This not only reduces reliance on external service providers but also provides more control over their valuable assets.

Also Read: Will TRUMP Break $10? Check out the Whale Movement!

More than Just Precious Metals

In addition to gold, Tether also holds other significant assets such as US Treasury bonds that are close to $100 billion. Tether’s total reserves vary, with a figure of $112 billion as of the March report or nearly $160 billion based on Tether’s (USDT) market capitalization last month. Nonetheless, gold is still a small part of the total reserves claimed to back Tether (USDT).

Gold and other precious metals sit alongside fiat currencies and bonds, not replace them. The move to centralize gold shows Tether’s desire to diversify their reserve mix. It also reflects a broader trend where central banks, particularly in BRICS countries, have been buying gold, and investor flows into gold ETFs increased after prices hit multi-year peaks.

Small Proportion of Gold in Reserves

Market data shows that Tether (USDT) has almost reached a market capitalization of $160 billion and accounts for 62% of the $250 billion stablecoin sector. However, gold is still a small part of the overall picture.

According to a Bloomberg report, Tether’s gold reserves are now equivalent to the precious metals and commodities exposure held by major banks. This comparison puts the scale of 80 tons of gold in a broader perspective. However, it also emphasizes how small the amount of 80 tons is compared to the trillions held by governments and large banks.

Conclusion

Tether’s move to move gold to a private vault in Switzerland is not just about reducing costs, but also about securing valuable assets in a more controlled and independent manner. It demonstrates an evolution in reserve management by companies operating in the digital currency space, adapting to ever-changing regulations and market conditions.

Also Read: 5 Best Free Bitcoin (BTC) and Litecoin (LTC) Cloud Mining Platforms in 2025

That’s the latest information about crypto. Follow us on Google News for the latest crypto and blockchain technology updates. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

*Disclaimer

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 andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Bitcoinist. Tether Stashes $8 Billion in Swiss Gold Vault While Audit Demands Grow Louder. Accessed on July 11, 2025