Tether slows gold purchases for USDT reserves in Q1
Tether added six metric tons of gold to USDT reserves in the first quarter, down from twenty-seven tons. Total holdings hit 154 tons as a trading project ended.
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Tether slowed its Gold purchases to 6 metric tons in the first quarter, down from 27 tons in the previous period. The pullback follows a year of aggressive accumulation to back the $189.5B USDT stablecoin and the $3.3B XAUT token. Diversification shifts at the world's largest stablecoin issuer signal evolving reserve management strategies for digital dollar liquidity.
