Will's Blog: El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March (Jack Ryan/Bloomberg)

8 July 2025

El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March (Jack Ryan/Bloomberg)

Jack Ryan / Bloomberg:
El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March — Tether Holdings SA, the issuer of the world's largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold …

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