Tether Becomes the World’s Largest Private Gold Holder as Its Q2 Holdings Rise to 146 Tons

Cointelegraph reported on August 7 that Tether, the world’s largest stablecoin issuer, purchased an additional 14 tons of gold in Q2 2026, bringing its total gold holdings to a record 146 tons, currently worth approximately $18.8 billion. This makes Tether the largest known private gold holder outside central banks and governments.

Tether’s Gold Holdings Accumulation

According to Cointelegraph, Tether’s gold holdings grew rapidly. From Q3 2025 through Q1 2026, Tether purchased 53 tons of gold, followed by an additional 14 tons in Q2 2026, bringing its total holdings to 146 tons.

Since Q1 2025, Tether’s gold holdings have more than doubled, while their value has nearly tripled over the same period. Gold accounts for approximately 10% of Tether’s $187.8 billion in reserves, highlighting the growing importance of gold as a strategic asset alongside U.S. Treasuries.

Four Central Banks Purchased More Gold Than Tether in the First Half of 2026

According to the report, only the following four central banks purchased more gold than Tether in the first half of 2026:

· Poland

· Uzbekistan

· China

· Kazakhstan

This means that among the world’s known gold buyers in the first half of 2026, Tether’s purchase volume ranked behind only these four sovereign institutions.

Tether Q2 2026 Financial Data

According to the report, Tether announced a profit of $1.5 billion for Q2 2026. At the time of the report, it held 98,933 Bitcoin, and its total reserves stood at $187.8 billion, with gold accounting for approximately 10% of that amount. On the same day, Chinese gold ETFs recorded inflows for 14 consecutive days, totaling $1.2 billion, indicating that institutional investors were making large-scale purchases of gold.

FAQ

What is the current size of Tether’s gold holdings?

According to Cointelegraph’s August 7, 2026, report, Tether’s total gold holdings reached 146 tons, including the 14 tons added in Q2, and were worth approximately $18.8 billion. This makes Tether the largest known private gold holder outside central banks and governments. Since Q1 2025, its gold holdings have doubled, while their value has nearly tripled.

Which central banks purchased more gold than Tether in the first half of 2026?

According to the report, four central banks purchased more gold than Tether in the first half of 2026: Poland, Uzbekistan, China, and Kazakhstan.

What percentage of Tether’s reserves is represented by gold?

According to the report, gold accounts for approximately 10% of Tether’s total reserves of $187.8 billion. Tether recorded a profit of $1.5 billion in Q2 2026 and held 98,933 Bitcoin at the time of the report.