Tether Accumulates Over 100 Tons of Gold, Jefferies Cites Impact on 2025 Price Rally
Tether has accumulated more than 100 tons of physical gold, contributing to tightened global supply as prices climbed over 50% to approximately $4,080 per ounce in 2025, according to Jefferies. The stablecoin issuer added roughly 26 tons in Q3 alone, representing about 2% of total quarterly demand. Analysts at the investment bank say the buying activity has materially influenced market dynamics alongside central bank flows.