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Key Takeaways
Tether has confirmed it has not diminished its dedication to Bitcoin. The stablecoin issuer at present holds over 100,521 BTC with $8.7 billion value of bodily gold reserves.
Rumors are swirling within the crypto group that Tether could also be shifting its technique by promoting off Bitcoin [BTC] in favor of gold.
The hypothesis, sparked by YouTuber Clive Thompson, who pointed to a noticeable decline within the stablecoin issuer’s BTC reserves from 92,650 BTC in Q1 2025 to 83,274 BTC by the tip of Q2.
This has fueled theories that Tether is reallocating its holdings into the dear metallic, a transfer that might sign a broader diversification technique.
Tether’s CEO and Jan3 CEO dismisses rumors
Nonetheless, Tether CEO Paolo Ardoino dismissed the rumors in a post on X and acknowledged,
“Right. Tether didn’t promote any Bitcoin. As Samson says under, it contributed a part of its stash into XXI. Whereas the world continues to get darker, Tether will proceed to take a position a part of its income into protected property like Bitcoin, Gold and Land. Tether is the Secure Firm.”
Jan3 CEO Samson Mow additional pushed again towards the gold-buying hypothesis, explaining that the decline in Tether’s reported Bitcoin reserves stemmed from transfers to Twenty One Capital (XXI), not gross sales.
He identified that Tether moved a complete of 19,800 BTC to XXI throughout June and July: 14,000 BTC in June and one other 5,800 BTC the next month.
Mow defined,
“So which means on the finish of Q2 2025, Tether would have had 4,624 BTC greater than on the finish of Q1 2025. For those who mixed it with the July switch then Tether has (at the very least) a web enhance in Bitcoin holdings of 10,424 BTC.”
He added,
“Appears everyone seems to be determined for bearish Bitcoin information today. Tether is mega bullish on Bitcoin on all metrics.”
Tether’s Bitcoin dedication
Amid ongoing hypothesis, Tether has bolstered its bullish stance on Bitcoin, even because it broadens its technique by including gold to the combination.
In keeping with BitcoinTreasuries.NET, the stablecoin issuer at present holds greater than 100,521 BTC, valued at round $11.17 billion.
Alongside this, Tether maintains roughly $8.7 billion value of bodily gold reserves saved in safe Swiss vaults, signaling a rising curiosity in laborious property past crypto.
Tether’s gold stride
The corporate has additionally expanded its ambitions into the gold mining provide chain, a transfer that has raised eyebrows amongst conventional business gamers.
Tether’s gold-backed token, XAUT, has already made waves out there, surpassing $1.3 billion in capitalization and breaking into the crypto prime 100.
Past asset accumulation, Tether can also be sharpening its U.S. technique within the wake of the GENIUS Act.
On the nineteenth of August, the corporate appointed Robert “Bo” Hines as Strategic Advisor for Digital Property and U.S. technique.
Subsequently, whereas rumors of Tether shifting away from Bitcoin proceed to flow into, the corporate’s increasing gold reserves, rising token ecosystem, and renewed regulatory focus counsel that it’s constructing a multi-asset fortress to climate the volatility of world finance.
