Core Viewpoint - Tether has emerged as a significant player in the gold market, holding approximately 140 tons of gold valued at around $24 billion, making it one of the largest gold holders globally, second only to central banks, ETFs, and large commercial banks [2][4]. Group 1: Gold Accumulation Strategy - Tether is aggressively accumulating gold at a rate of about 1 to 2 tons per week and plans to continue this purchasing pace for at least the next few months [7][15]. - In the last quarter, Tether purchased an additional 27 tons of gold for its gold-backed stablecoin, which has appreciated by at least $700 million this year [5][4]. - The company acquired over 70 tons of gold last year, surpassing nearly all single central bank purchases, with only Poland's 102 tons being higher [8]. Group 2: Market Impact and Demand - Tether's role as a significant new buyer is expected to sustain gold demand, contributing to a 65% increase in gold prices last year [9]. - The price of gold has surged from $3,858 per ounce in September last year to over $5,200, leading to a value increase of Tether's gold holdings by over $5 billion [4][6]. Group 3: Competitive Positioning - Tether aims to compete directly with traditional financial institutions like JPMorgan and HSBC in the gold trading business [3][15]. - The company has hired two senior gold traders from HSBC to enhance its market activities [16]. Group 4: Gold as a Reserve Asset - Tether views gold as a safer asset than any national currency, emphasizing its liquidity and status as a non-debt asset [21][22]. - The company has also invested in gold royalty companies, acquiring shares in several mid-sized Canadian listed firms [24]. Group 5: Future Prospects - Tether's gold-backed token, Tether Gold (XAUT), is projected to reach a market circulation of $5 billion to $10 billion by the end of the year [27]. - The company is exploring ways to improve the efficiency of its gold purchasing process, as acquiring approximately $1 billion worth of physical gold monthly presents logistical challenges [18][20].

Market Overview - Crypto markets are experiencing a pause amid negative news, with Bitcoin's price stabilizing and gold prices rising significantly [1] - The USD index has decreased by almost 3% this week and over 10% in the last year, impacting risk assets [3] Government and Regulatory Environment - There is a 76% probability of a US government shutdown by January 31, which is causing caution among institutions [2] - Legislative progress on the US Crypto Clarity Act has slowed, contributing to market uncertainty [2] FOMC Impact - The Federal Open Market Committee (FOMC) meeting maintained interest rates at 3.50%–3.75%, with no early cuts expected [2] - The FOMC news is influencing capital flows, with gold outperforming equities and becoming a safe-haven asset [4] Gold and Bitcoin Comparison - Gold has reached an all-time high of $5,280 per ounce, outperforming the S&P 500 by over 100% [4] - Bitcoin is trading around $89,000, showing a slight increase of 1.2% on the day, but remains in a medium-term downtrend [6][8] - Tether holds over 140 tons of gold, valued at approximately $24 billion, highlighting gold's significance in the current market [5] Market Dynamics - Bitcoin's market cap is significantly smaller than gold's $36 trillion, suggesting potential for growth if liquidity conditions improve [6] - The current market conditions are reminiscent of historical currency weakening prior to coordinated interventions [3]

RT BSCN (@BSCNews)💵 $5.2 billion in 2025. Crypto's top earner isn't a DeFi protocol.It's @tether . Collecting interest on $135B in Treasuries. More US bonds than most sovereign states. 60% stablecoin dominance. Zero reliance on market conditions.Here's how the money machine works ⬇️ ...

Core Viewpoint - The U.S. Senate Agriculture Committee has postponed the hearing on the cryptocurrency market structure bill due to a winter storm, with the new date set for Thursday. The bill aims to clarify the regulatory framework for cryptocurrency markets, specifically delineating the roles of the SEC and CFTC in overseeing digital assets [1][8]. Group 1: Legislative Process - The Senate Agriculture Committee intended to debate and vote on amendments to the cryptocurrency market structure bill, which seeks to define how the CFTC regulates the cryptocurrency market [1]. - The Senate Banking Committee also needs to review its version of the bill, which has been delayed without a new date set, making the legislative process challenging [8][9]. - The approval process involves both committees modifying their respective bills, merging them, and then submitting a unified version for a vote in the Senate [9]. Group 2: CLARITY Act Overview - The CLARITY Act, passed by the House in July 2025, aims to establish a structured framework to address regulatory uncertainties in the digital asset market, defining digital assets, intermediary roles, and disclosure obligations [2]. - The Act focuses on regulating market activities rather than assets, setting registration and conduct standards for exchanges, brokers, and dealers to enhance market integrity and transparency [2][4]. Group 3: Regulatory Authority - The CFTC is granted exclusive regulatory authority over "digital commodities" and their spot markets, particularly for assets with functional and decentralized blockchains, such as Bitcoin [3][5]. - The SEC retains oversight of digital assets classified as securities, which possess investment contract characteristics or have not reached decentralization standards, maintaining authority over primary market issuance and investor protection [3][6]. Group 4: Impact on Investment - The cryptocurrency industry has long sought market structure legislation to protect against unfavorable regulatory actions, particularly during the Biden administration, where several exchanges faced lawsuits from the SEC [10]. - The CLARITY Act aims to resolve regulatory ambiguities by clearly defining digital assets and assigning regulatory responsibilities, potentially reducing the "regulatory risk premium" and encouraging institutional investment in compliant platforms and quality tokens [10][11]. - Clear regulatory frameworks could facilitate the management, tracking, and trading of digital assets, attracting more investors and potentially increasing the value of various tokens [10].

Bitcoin OG Adam Back: Stablecoin issuers now hold more U.S. Treasuries than some major nationsOn October 7, 2025, in a Forbes interview, Hashcash founder Bitcoin OG, Adam Back stated that stablecoins serve as a modern replacement for wire transfers. He explained their emergence a decade ago, when Bitcoin exchanges faced inefficient payments due to limited banking access. Initially used for fast dollar or euro transfers between trading platforms, their convenience later attracted businesses and individual us ...

#BitMart announces the listing of USAT (USAT) @usat 🔥USAT is the federally regulated, GENIUS ready stablecoin issued by Tether in partnership with Anchorage Digital Bank N.A.💰Trading pair: USAT/USDT💎Deposit: Available💎Trading: 1/28/2026 5:00 AM UTCLearn more: https://t.co/vzYmBBfKrI ...

Tether will become 'gold central bank' in post-dollar world, CEO Ardoino says https://t.co/P1Dp8ri0Eq ...

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Tether is now the largest known gold hoarder outside banks and nation states, with over 140 tons worth around $23B stored in a Swiss nuclear bunker, per Bloomberg.🔹 Standard Chartered warns stablecoins pose up to $500B risk to US bank deposits by end of 2028.🔸 Morgan Stanley adds a new role to push into crypto, appointing Amy Oldenburg as Head of Digital-Asset Strategy.🔹 Ethereum says the ERC-8004 standard is going live on mainnet soon, enablin ...

RT BSCN (@BSCNews)💵 $5.2 billion in 2025. Crypto's top earner isn't a DeFi protocol.It's @tether . Collecting interest on $135B in Treasuries. More US bonds than most sovereign states. 60% stablecoin dominance. Zero reliance on market conditions.Here's how the money machine works ⬇️ ...

According to Bloomberg, Tether has become the largest gold reserve holder outside of sovereign nations and banks, currently holding over 140 tons of gold valued at approximately $24 billion. Its reserve size exceeds the official reserves of many countries, including Australia and Saudi Arabia. Tether CEO Paolo Ardoino previously stated that the majority of its gold is stored in highly secure vaults in Switzerland. https://t.co/Ta41jb61cU ...