$DEGEN
Cooling DownSnapshot Window: 2026-08-07 13:40 UTC · ← Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Tether purchased 14 tons of gold in the second quarter, bringing its reserves to over 146 tons, equivalent to approximately $18.8 billion. The issuer of USDT becomes the largest known private holder of gold outside of central banks and states, according to Bloomberg.
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AI visual note: The image displays two line charts titled "Tether's Continues Adding to Gold Hoard as Prices Sunk," showing Tether's gold reserves in both value (top, orange line reaching ~$20B) and tons (bottom, black line reaching ~150 tons) from Q1 2023 through Q2 2026, with both metrics showing sharp upward acceleration in 2025 and a recent uptick highlighted by red boxes in Q2 2026—visually corroborating the post's claim that Tether's purchases brought reserves to 146+ tons valued at approximately $18.8 billion.