Tether, issuer of the stablecoin USDT, holds 148 tons of gold worth around $23 billion as of January, ranking it among the top 30 gold owners globally. The company acquired an additional 26 tons in Q4 last year and 6 tons in January, exceeding the gold holdings of many central banks except Poland and Brazil. Tether's gold reserves now surpass those of several major nations and mark the largest among non-government entities, aligning with its strategy to allocate 10-15% of its portfolio to physical gold.

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