#usdt #xaut

💎 Tether has become the largest private gold holder in the world.

The company has accumulated approximately 140 tons of gold worth $23 billion and is buying 1-2 tons per week.

Last year, the company acquired over 70 tons of gold—more than almost all central banks. The exception is Poland, which officially added 102 tons to its reserves.

The gold is physically stored. The bars are housed in Switzerland, in a former nuclear bunker with a multi-layered security system.

Tether CEO Paolo Ardoino compares the company to a central bank, stating that Tether is effectively becoming one of the largest "gold central banks" in the world.