Tether holds approximately 140 tons of gold, making it the largest known non-bank and non-state gold reserve entity.

Techub News reports, according to Bloomberg, that Tether holds approximately 140 tons of gold, valued at around $23 billion, making it the largest known gold reserve entity outside of banks and nations. Tether currently purchases about 1–2 tons of gold weekly and plans to continue procurement to ensure a stable supply. Over the past year, it has acquired more than 70 tons of gold to replenish reserves and support the issuance of its gold-backed stablecoin.