11/29/2025
Tether has quietly become the largest private holder of physical gold in the world, now controlling 116 tons worth nearly $13B, surpassing every private corporation and even many central banks.
At the same time, Standard & Poor’s downgraded Tether to its lowest “weak” rating, labeling gold and Bitcoin as “high-risk assets.”
🟢 Tether CEO Paolo Ardoino fired back: “We wear your hatred with pride.”
The irony is hard to miss:
gold has been the world’s benchmark for stability for 5,000 years, and suddenly it’s considered risky?
Many analysts believe Tether’s massive gold purchases helped push the metal up 40% to $4,300.
One crypto-native company influencing the global gold market — that’s unprecedented.
S&P isn’t worried about risk.
They’re worried that Tether is emerging as a new, unregulated shadow central bank.
While traditional banks sit on mountains of paper derivatives, Tether is accumulating real, physical gold and securing a dominant foothold in the global financial system.