Tether expands its gold holdings with 116 tons: who controls the futures market?

During Q3 2025, Tether has made a significant accumulation of precious metals, adding 26 tons of gold to its global holdings, reaching a total of 116 tons. This investment strategy reflects a broader trend where non-traditional entities venture into assets that have historically been monopolized by state institutions.

Tether’s Role in the Gold Market

The amount of gold acquired by Tether in this quarter significantly surpasses the purchases made by most of the world’s central banks during the same period. This figure is not a mere speculative purchase but demonstrates a strategic reorganization of reserves that could impact future gold markets.

Implications for Traditional Financial Dynamics

Historically, central banks have been the main players in accumulating gold reserves. However, the emergence of Tether and other platforms in the tangible assets space suggests a structural shift in how wealth is managed. This transition raises questions about the concentration of power in financial markets and how it could influence the volatility of gold futures.

Tether’s move toward physical assets like gold represents not only portfolio diversification but also a signal that crypto entities are seeking greater legitimacy and stability in an uncertain economic landscape. With 116 tons accumulated, Tether positions itself as a relevant actor whose behavior warrants attention from both operators and market analysts.