Tether Plans up to 15% Gold Allocation as Yellow Metal Hits $5,280 All-Time High
Yahoo Finance·2026-01-29 01:37
Tether, a leading stablecoin issuer, plans to increase its exposure to the yellow metal, potentially holding more gold than Bitcoin, portfolio allocation-wise. The disclosure comes as gold consistently makes new highs and BTC lags behind the world’s largest commodity by market cap. Paolo Ardoino, Tether CEO, explained his intentions of allocating between 10% to 15% of the company’s portfolio to gold and 10% to Bitcoin , according to a report by Reuters on Jan. 28. “For our own portfolio, it’s reasonable ...