<ul data-eligibleForWebStory="false"><li>Tether has stockpiled nearly 80 tons of gold, worth about $8 billion, in a secret Swiss vault to back its Tether Gold (XAUT) token.</li><li>The move is seen as a bet on gold's safety and a strategic reserve strategy by Tether, the largest stablecoin issuer.</li><li>Despite the significant gold holdings, questions linger about Tether's financial transparency as it lacks fully-audited reserves.</li><li>While the gold reserve showcases financial strength, it accounts for less than 5% of Tether's total reserves, which mainly consist of US Treasury bonds.</li></ul>

Why is Tether Stockpiling $8 Billion Worth of Gold in A Secret Swiss Vault?

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