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NewsSignals AI analysis·Reuters·

Tether gold holdings backing USDT fell by 3.4 tons in the third quarter

Grade Bbearish AI signal$XAU$USDT
Tether reduced the gold backing its USDT reserves by 3.4 metric tons in the third quarter, marking its first reported reduction since becoming a significant gold buyer last year. Gold holdings fell to 142.8 metric tons by the end of September, while USDT had approximately $180 billion in circulation. The reduction could raise questions about changes in Tether's reserve allocation and its future demand for gold.

Bullish strength: 45/100

  • Tether still held 142.8 metric tons of gold at the end of September.
  • USDT maintained approximately $180 billion in circulation.

Bearish strength: 55/100

  • Tether reduced its gold reserves by 3.4 metric tons during Q3.
  • The reduction marks the first decline since Tether became a significant gold buyer last year.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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Tether gold holdings backing USDT fell by 3.4 tons in the third quarter

Tether reduced the gold backing its USDT reserves by 3.4 metric tons in Q3, bringing total holdings to 142.8 tons at the end of September, marking its first reduction since becoming a major gold buyer last year. Gold accounted for approximately $19 billion, or 10% of USDT reserves, while US Treasury bills represented the dominant $123 billion allocation; Tether did not disclose the reason for the reduction. The reserve shift could raise questions about Tether's asset allocation strategy and potentially increase scrutiny of its stablecoin backing.

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