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Tether, the issuer of the USDT Stablecoin of $ 175 billion, investigates investments in the Golden Supply Chain to be part of his profit of millions of dollars in the sector.
That is according to a report from Financial Times (FT), which mentioned sources that are familiar with the case as saying that the Stablecoin Giant has held meetings with mining and investment groups to invest throughout the Golden Supply Chain.
Allegedly, Tether wants to acquire interests in companies, ranging from mining and refining to commercial and royalty companies.
Gold mining sector surprised by the interest of Tether
According to Coinmarketcap, Tether’s USDT Stablecoin is the largest USD-Pegged crypto in the market with a capitalization of more than $ 174.73 billion facts.
To support his token, Tether keeps us treasury, gold and other assets that have a relatively stable value and are very liquid.
The company is currently also the biggest holder of American treasuries and earns money from the interest it deserves from these companies. In the first half of this year alone, Tether generated a profit of around $ 5.7 billion.
In addition to the interests in American treasury, the company already has a considerable number of gold stored in a safe in Zurich. Recent financial statements show that Tether has $ 8.7 billion in gold bars in the vault.
The company also has its own Gold-backed Stablecoin, called Tether Gold (Xaut). However, this token has a much smaller market capitalization compared to the USD Stablecoin of the company and has a capitalization of around $ 875.86 million.
With the recent conversations, various mining managers are surprised by the step of the Stablecoin emittent. Some have also wondered whether the expansion of Tether to the precious metal sector will lead to success.
“They love gold. I don’t think they have a strategy,” said a mining manager, according to the FT report.
A director of the raw material industry added that Tether is the “weirdest company that I have ever treated”.
Buy tether in gold companies
According to the report, Tether Investments, who is responsible for investing the company’s profit, has already paid $ 105 million for a minority interest in Elemental Altus, based a publicly listed company in Toronto.
It recently invested another $ 100 million in Elemental after the company had announced a merger with his rival, EMX. Tether’s head of business initiatives, Juan Sartori, said that the second investment is part of the plan of the Stablecoin emittent to grow his exposure to gold.
People who are familiar with Tether’s Thinking said that Tether also had discussions with various golden royalty companies, according to the report. These companies invest in mines in exchange for a percentage of their future income.
Tether also had conversations with an investment vehicle of gold mining established on the British Virgin Islands called Teranova Resources. However, these conversations did not result in a deal, the people told FT.
Gold price is affecting ATH while the American national debt is increasing to register levels
In recent weeks, the American national debt has been $ 37 trillion for the first time, an increase of $ 3 trillion since January 2024.
Analysts predict that the situation will also deteriorate. CBO, for example, predicts that the debt will reach 116% of the US GDP by 2034 and possibly by 2054 to 172% may spiral under the current policy assumptions.
“The dollar will be worth nothing if the US does not do anything about the national debt.”
1 Elon Musk pic.twitter.com/w5flchhqsv
– Dogedesigner (@cb_doge) August 22, 2025
In the shorter term, the founder of the billionaire investor and founder of Bridgewater Associates recently warned that the US is on their way to a “Heart attack caused by debts”. He estimated that this can happen within the next three years if the current tax policy continues under an administration in Trump style.
Tether’s conversations with gold mining managers come from a new of all time of all time (ATH) for the golden prize above $ 3,600 per ounce.
Monthly graph for the gold price (source: Tradingview))
Gold has developed a reputation in the market as a value storage, which investors come to in times of economic uncertainty and turbulence.
More recently, investors have also started turning Bitcoin as a digital value storage that is much easier to move and handle than gold.
Earlier this year, during the Bitcoin 2025 conference, Tether’s CEO Paolo Ardoino gold compared with ‘natural bitcoin’.
“I prefer to think in Bitcoin terms – I think gold is our source of nature,” he said.
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