Tether just stacked 6+ tons of gold in Q1 2026.
Total reserves now: ~132 tons ($20B)
That's more physical gold than most sovereign nations hold.
USDT isn't just backed by treasury bills anymore — they're hedging into hard assets while central banks print.
Bullish for stablecoin diversification. Bearish for anyone still doubting Tether's reserves.
Source: Bloomberg