Tether Acquires $150M Stake in Gold.com to Expand Precious Metals Strategy
The stablecoin issuer and Gold.com are working together to enable customers to buy physical gold using Tether's digital currencies.
Tether's investment division has purchased a $150 million ownership position in Gold.com, a precious metals trading platform, as part of efforts to broaden the availability of tokenized gold products.
In an announcement made Thursday, Tether disclosed it had obtained roughly 12% ownership of the business, which plans to incorporate Tether Gold (XAUt), the company's gold-backed digital asset, directly into Gold.com's infrastructure.
The platform Gold.com operates as a publicly traded digital marketplace specializing in gold sales alongside other precious metals like silver and platinum, serving multiple regions including the United States.
Gold has played a central role in preserving value for centuries, particularly during periods of monetary stress and geopolitical uncertainty. Gold exposure is not a trade for Tether; it is a hedge and a long-term allocation to protect our user base and ourselves in a world that is becoming increasingly unstable.
Paolo Ardoino, Tether CEO
Ardoino further stated that the firm's stake in Gold.com "reflects a long-term belief that gold should be as accessible, transferable, and usable as modern digital money, without compromising on physical backing or ownership."
Tether explores stablecoin payments for gold
Both Tether and Gold.com are currently evaluating possibilities to allow users to buy physical gold using Tether's primary stablecoin USDt (USDT) alongside its newly introduced US-focused stablecoin, USAt (USAT), which launched in partnership with cryptocurrency-native financial institution Anchorage Digital on Jan. 27.
The broadening of Tether's gold-related initiatives arrives as the precious metal surged more than 80% throughout the previous 12 months, reaching $5,600 on Jan. 29, before declining to $4,800 as of the current time of publication.
This collaboration follows Tether's earlier Thursday announcement regarding a $100 million equity investment in Anchorage, a strategic move designed to enhance USAt stablecoin adoption across the United States market as the banking institution prepares for a public offering next year.
The stablecoin issuer Tether disclosed profits totaling $10 billion in 2025, generated primarily from interest earnings on US Treasury securities that back its $185.6 billion USDt reserve holdings.