Tether Q1 Purchases Drop to 6 Tons

Tether bought about 6 metric tons of gold in Q1 2026, down from 27 tons in the previous quarter.
Gold reserves valued at $19.8 billion represent 132 metric tons, raising total gold holdings across USDT and XAUT to 154 tons.
USDT backing assets consist mainly of $117 billion U.S. Treasury bills, 10% gold, and $7 billion Bitcoin as of March 31.
If Tether were a central bank, its 154‑ton gold stock would rank among the world’s top‑20, behind Brazil’s 172 tons.