🪙 #Tether Confirms $8 Billion in Gold Held in Secret Swiss Vault

Tether has confirmed it holds approximately 80 metric tons of gold, valued at $8 billion, in a private, undisclosed vault in Switzerland. This gold constitutes 5% of the company's total $112 billion reserves.

According to Tether's CEO, this is "the most secure vault in the world," with its location remaining confidential for security reasons.

The move is part of Tether's broader strategy to diversify its reserves, offering protection against fiat currency volatility and regulatory risks. This gold holding complements their existing reserves, which include US Treasuries, $BTC , and Tether Gold (#XAUT ).

💬 Tether is emerging as one of the largest private gold holders, excluding banks and nation-states. This sends a powerful signal about the crypto industry's shift towards real-world assets.