Tether’s investment arm has purchased a $150 million stake in precious metals platform Gold.com to broaden access to tokenized gold.
On Thursday, Tether announced it acquired roughly 12% of Gold.com, which plans to integrate Tether Gold (XAUt), the company’s gold-backed cryptocurrency, into its platform.
Gold.com, a publicly traded online marketplace, sells gold and other precious metals, including silver and platinum, to markets such as the United States.
“Gold has historically preserved value, especially during times of monetary stress and geopolitical uncertainty,” said Tether CEO Paolo Ardoino. “For Tether, gold is not a short-term trade—it’s a hedge and a long-term allocation to protect both our users and ourselves in an increasingly unstable world.”
He added that Tether’s investment in Gold.com “reflects our long-term belief that gold should be as accessible, transferable, and usable as modern digital money, without compromising physical backing or ownership.”
Tether explores stablecoin payments for gold
Tether and Gold.com are also exploring ways for customers to buy physical gold using Tether’s flagship stablecoin USDt and its newly launched US market-focused stablecoin, USAt (USAT), introduced in partnership with crypto bank Anchorage Digital on Jan. 27.
Tether’s expanded gold offerings come as the price of gold surged more than 80% over the past 12 months, reaching $5,600 on Jan. 29, before easing to $4,800 at the time of writing.
This partnership follows Tether’s announcement earlier Thursday of a $100 million equity investment in Anchorage, a move aimed at increasing adoption of the USAt stablecoin in the U.S. as the bank plans to go public next year.
Tether reported $10 billion in profit for 2025, primarily from interest on its $185.6 billion USDt reserves backed by U.S. Treasuries.
