Core Insights - Tether has become one of the largest gold buyers, acquiring 26 metric tonnes in Q3 2025, surpassing all central banks during the same period [2][4] - Tether's total gold reserves have reached approximately 116 tonnes, positioning it among the top 30 gold-holding entities globally, ahead of countries like Greece, Qatar, and Australia [2][5] Group 1: Gold Acquisition - Tether's gold purchases have significantly increased, with 26 tonnes acquired in Q3 2025 [2][4] - The firm's gold reserves now rival those of a mid-sized central bank, indicating a strategic shift towards precious metals [1][2] Group 2: Gold Reserves Composition - Tether's reported gold reserves include assets backing its tokenized gold product, XAUT, which has a market capitalization of around $1.6 billion, accounting for less than 12 tonnes of bullion [3][5] - Precious metals constitute approximately 7% of Tether's stablecoin reserves, highlighting the importance of gold in its asset allocation strategy [3] Group 3: Investment Strategy - CEO Paolo Ardoino has expressed a commitment to investing in safe assets, including Bitcoin, gold, and land, amidst global uncertainties [4] - Tether has also invested $100 million in mining royalties, specifically in Elemental Altus, diversifying its investment portfolio beyond physical gold [4]

Tokenized Gold Market - Tether 已将超过 100 吨实物黄金代币化 [1] - 每个 Tether Gold 代币代表存储在瑞士安全金库中的一金衡盎司纯金 [1] - $XAUT 可能成为近期表现最佳的数字资产之一，因为传统投资者继续将黄金视为日益不确定时期的避险投资 [1] Investment Perspective - 比特币、黄金和土地被认为是投资的“神圣三位一体” [2] - 随着黄金价格创下历史新高，这种新的数字资产将代币化黄金带到纳斯达克 [1]

Event Announcement - Binance Blockchain Week 将举办 BTC 与 Tokenized Gold 的辩论 [1] - 辩论主题为 BTC 与 Tokenized Gold 谁将胜出 [1]

Core Insights - Tether projects net profits of approximately $15 billion in 2025, driven by growth in the stablecoin sector and high interest rates enhancing returns on reserves [1][2][3] Company Performance - Tether reported over $13 billion in net profit for 2024, significantly up from $6.2 billion in 2023, with equity surpassing $20 billion due to rising Bitcoin and gold values in reserves [3] - The company achieved a record profit of $4.9 billion in Q2 2025 and has shifted focus towards gold reserves, indicating a diversification strategy beyond its dollar-pegged stablecoin USDT [6] Market Context - The stablecoin market is projected to reach around $316 billion in 2025, with Tether holding a dominant market share and recently achieving 500 million verified users [5] - Competitors like Circle are also expanding, contributing to a dynamic market environment where stablecoin usage for payments and DeFi is increasing [7] Future Outlook - Tether is exploring a funding round of up to $20 billion, which would imply a valuation of $500 billion, positioning it among the top private firms globally [4]

🔥 NEW: CZ says he's "in the mood" for Bitcoin vs Tokenized Gold debate with Peter Schiff https://t.co/L6RH5uLaUp ...

RT Token Terminal 📊 (@tokenterminal)🚨🆙 ICYMI: There's ~$3.7 billion worth of tokenized gold on @ethereum.The tokenized supply is up by ~240% since the start of the year. https://t.co/VxHiL8RbVA ...

🚨🆙 ICYMI: There's ~$3.7 billion worth of tokenized gold on @ethereum.The tokenized supply is up by ~240% since the start of the year. https://t.co/VxHiL8RbVA ...

Core Insights - The convergence of digital currencies and traditional assets has led to the rise of gold-backed crypto tokens, also known as "tokenized gold," which combine the stability of gold with blockchain technology [1] Market Demand and Growth - The price of gold is reaching new all-time highs, driving increased demand for gold-backed tokens, with over $30 million worth of Tether Gold (XAUt) purchased by two crypto whales recently [2] - The total volume of tokenized gold has surged to approximately $3 billion, up from less than $500 million at the beginning of the year, with daily trading volumes exceeding $600 million [3] Characteristics of Gold-Backed Tokens - Gold-backed cryptocurrencies are digital tokens whose value is directly linked to physical gold held in reserve, typically representing ownership of one troy ounce or a fraction of it [4] - These tokens are stored by certified custodians, while the issuer retains legal ownership and commits to redeeming gold upon presentation of the token [5] Investor Appeal - Given the volatility of cryptocurrencies, gold-backed tokens may attract conservative investors seeking stability and real-world value, contrasting with more speculative assets like Bitcoin and Ethereum [5][6] - Tokenized gold offers digital convenience for traditional investors, including 24/7 trading and instant settlement, while maintaining the familiarity of a tangible asset [6] Leading Examples - Tether Gold (XAUt) and PAX Gold (PAXG) are among the top-performing gold-backed tokens in a market with a capitalization close to $3 billion [7]

RT LayerZero (@LayerZero_Core)Tokenized Gold Meets Internet Capital MarketsXAUt0, the evolution of gold by @USDT0_to, is live on @solana.Powered by LayerZero, the world's oldest, most trusted form of value is now available on internet capital markets.Your Gold, Everywhere. https://t.co/01UDBknLhG ...

Core Insights - Gold has reached new all-time highs on October 15, following record highs on October 13 and 14, with CFDs trading at $4,196 per ounce [1][4] - Significant purchases of Tether's tokenized gold, XAUt, were made by crypto whales, totaling over $30 million in the past week [2][3] Group 1: Gold Market Performance - Gold made a record high past the $4,000 psychological resistance on October 8, consolidating before retracing on October 11 [5] - The recent all-time highs for gold were $4,218 on October 15, $4,179 on October 14, and $4,117 on October 13 [4] - Gold's market capitalization stands at $29.27 trillion, making it the world's most valuable asset [6] Group 2: Tokenized Gold and Crypto Activity - XAUt is the second-largest gold-pegged stablecoin by market capitalization, valued at $1 billion, following PAX Gold at $1.30 billion [3] - Whale 0xdfcA purchased 2,879 XAUt for $12.1 million, while casualpig.eth bought 4,463 XAUt for $18.7 million [2] - The recent crash in the cryptocurrency market, with over $19 billion in liquidations, may have prompted investors to shift capital to gold through tokenized solutions [7]