Tether targets 'gold central bank' status, holds 140 tons worth $23.3B

Tether CEO Paolo Ardoino told Bloomberg on Tuesday that the company aims to become one of the world's leading gold central banks and will actively trade its reserves. Bloomberg reported Tether holds around 140 tons of gold, valued at over $23.3 billion, stored in a Swiss nuclear bunker, and is buying one to two tons per week.