<ul data-eligibleForWebStory="false"><li>Stablecoin giant Tether reveals it holds $8 billion worth of gold, equivalent to almost 80 metric tons, in a private vault in Switzerland.</li><li>Tether emphasizes its goal of gaining control over reserves and reducing operational costs by managing its vault independently, rather than using third-party custodians.</li><li>The company's gold-backed digital asset, XAUT, comprises around 7.7 tons of gold valued at $819 million, indicating potential for growth in its market value.</li><li>While Tether's gold strategy faces regulatory challenges in some jurisdictions, it is seen as a hedge against currency instability amidst global economic uncertainties.</li></ul>

Tether Amasses 80 Tons of Gold Worth $8B in a Secret Swiss Facility

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