Tether Invests $150 Million in Gold.com to Expand Digital Gold and Stablecoin Use

TheNewsCrypto
XAUT-5,22%
  • Tether invested $150M in Gold.com to expand tokenized and physical gold access.
  • The move highlights Tether’s push toward safer, gold-backed crypto assets.

Tether, the company behind the largest stablecoin USDT, has now invested a $150 million stake in Gold.com to buy Gold. This investment gives Tether 12% ownership in Gold.com. Tether aimed to offer a tokenized gold that can be traded on the blockchain and is safer during the global economic uncertainty.

What this partnership means

Through this partnership, Tether will integrate its gold-backed token XAUT into Gold.com, and users may be able to buy real physical gold using USDT. Purchases may also support using USAT, which is the Tether’s new U.S.-regulated stablecoin. After the announcement of the Tether partnership, Gold.com shares increased by 6%.

Tokenized golds are the real gold turned into a digital token. Each XAUT token is backed 1:1 by real gold, and golds are stored in Swiss vaults safely, where users can trade or move gold digitally without handling it in physical bars. The tokenized gold market has grown rapidly from $1.3 billion to over $5.5 billion. Tether’s XAUT controls more than 60% of this market right now

Paolo Ardoino, Tether’s CEO, said that Gold is a long-term protection tool, and he explained that Gold has protected value for hundreds of years and it performs well during financial stress. According to Ardoino, Tether wants to protect both users and the company’s reserves, so gold helps to balance risks in an unstable global economy.

Along with this deal, Tether also invested in Anchorage Digital, which is a federally regulated U.S. crypto bank. This bank supports USAT, which shows that Tether is expanding into regulated U.S. markets and combining digital dollars, gold, and regulations

Highlighted Crypto News:

Aperture Finance Loses $3.67M in Exploit, Hacker Deposits Funds Through Tornado Cash

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Tether Launches BitNet LoRA Framework Across Platforms

Tether's QVAC Fabric introduces the BitNet LoRA framework, enabling AI model training on consumer devices with reduced VRAM needs and improved performance. Users can fine-tune large models on smartphones, making AI development more accessible and efficient.

CryptoFrontNews12h ago

Tether CEO: Will Launch New Product Within 30 Days

Gate News reported that on March 18, Tether CEO Paolo Ardoino posted on social media stating that the Tether product team is preparing an "important new product" that is expected to launch within 30 days.

GateNews19h ago

Tether Launches Cross-Platform BitNet LoRA Framework for AI Training on Consumer Devices

Tether's QVAC division announced on March 17, 2026, the launch of the world's first cross-platform LoRA fine-tuning framework for Microsoft's BitNet models (1-bit LLMs), enabling billion-parameter AI training and inference on consumer GPUs and smartphones.

CryptopulseElite03-18 02:55
Comment
0/400
No comments