#WCTCTradingKingPK


The issuer of the stablecoin USDT, Tether, significantly reduced its activity in the precious metals market in the first quarter of 2026. While 27 tons of gold were purchased in October–December of the previous year, only about 6 tons were bought in January–March. As a result, by the end of March, USDT reserves increased to 132 tons (approximately $19.8 billion), accounting for 10% of all support assets.
The majority still consists of U.S. Treasury bonds — around $117 billion. About $7 billion is in Bitcoin. Additionally, to support the gold-backed stablecoin XAUT, approximately 22 tons of metal are stored. Thus, Tether's total gold reserve reached 154 tons.
Previously, the company announced plans to allocate 10–15% of its portfolio, worth about $20 billion, to physical gold. However, in March, the dedicated trading team was disbanded due to restrictions related to the management structure.
BTC0.27%
XAUT0.25%
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