Tether steps up weekly gold purchases to 2 tons and grows XAU₿ and USA₿ stablecoin reach

Tether is purchasing up to 2 tons of gold per week and storing the bullion in a high-security Swiss vault, significantly increasing its role in the global gold market. The company's gold-backed token XAU₿ accounted for about 60% of the gold-backed stablecoin supply in 2025, while Tether also launched the dollar-pegged USA₿ for U.S. jurisdictions under the GENIUS Act. Tether reports that its gold reserves exceed 140 tons and that its primary dollar stablecoin has $186 billion in circulation.