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The company seeks to expand its risk profile with investments in mining, refining and gold royalties
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Tether finances other raw material trade operations with short -term loans
Tether, the giant behind the USDT, explores strong investments in the gold industry, according to a report published by Financial Times. The company, known for issuing the most commonly used Stablinin in the world, would have held conversations with mining and investment groups with the aim of diversifying their profits towards precious metal.
According to the British environment, discussions include The possibility of participating throughout the gold supply chain: from mining and refining to trade and royalty companies.
For his part, Paolo Ardoino, CEO of Tether, has publicly defended gold as a complementary asset to Bitcoin. «I know that many think that Bitcoin is ‘Digital Gold’. I prefer to think about it:» I think gold is our natural source, «he said in a speech at the Bitcoin 2025 Conference in May.
Millionaire figures at stake
Tether is one of the most profitable companies in the ecosystem: only in the first half of 2025 reported benefits for 5.7 billion dollars and manages a USDT with market capitalization of 168,000 million, according to its June audit report.
Tether’s incursion into gold expands his risk profile. Of its 162,000 million dollars in reservations, approximately 130,000 million – that is 80% – they remain in cash, including 127,000 million in direct and indirect exposure to US Treasury bonds.
The interest in gold is not new. According to FT, The company already protects 8,700 million dollars in bulls deposited in Zurich as collateral of your stablecoin. To this is added the purchase of a minority participation in Elemental Altus, a gold royalty company in Canada, for 105 million dollars in June.
A bridge between cryptocurrencies and gold?
The strategy also includes Xaut’s broadcast, a token backed by physical goldalthough its adoption is small compared to the USDT, with a market capitalization of 880 million dollars.
Tether continues to expand his bets beyond the world of cryptocurrencies and now strengthens his footprint in the raw material market.
In October 2024 The company evaluated to channel part of its profits towards loans for traders specialized in this sector. A month later, he surprised to finance with $ 45 million an operation linked to international oil trade.
The strategy took a new step last Friday, when The USDT station allocated $ 100 million to increase its participation in Elemental Altus RoyaltiesCanadian company that obtains income from gold mines royalties, according to Bloomberg. With this capital injection, Tether already controls more than 37.8% of the company.