๐ Jefferies estimates that Tether holds about 148 tonnes of physical gold worth roughly $23 billion. This includes a purchase of about 26 tonnes in the last quarter of 2025 and an additional 6 tonnes in January. The gold supports $USDT reserves and the gold-backed token XAUT, positioning Tether among the top 30 global gold holders. #crypto
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๐ Jefferies estimates that Tether holds about 148 tonnes of physical gold worth roughly $23 billion. This includes a purchase of about 26 tonnes in the last quarter of 2025 and an additional 6 tonnes in January. The gold supports $USDT reserves and the gold-backed token XAUT, positioning Tether among the top 30 global gold holders. #crypto