Warren Davidson 🇺🇸
@WarrenDavidson
Gold backed stablecoins, where one token equals one ounce of gold and represents audited and verified physical custody of one ounce of gold, is truly sound money. Structured properly, with self custody, it can move money at the speed of light and otherwise be like cash.
The Kobeissi Letter
@KobeissiLetter
BREAKING: Tether now holds more gold than most central banks.
Tether purchased +27 tonnes of gold in Q4 2025, bringing total holdings to a record 143 tonnes, now worth ~$24 billion.
This follows +26 tonnes and +24 tonnes acquired in Q3 and Q2.
By comparison, the Polish central uyer among reporting central banks, increased its total reserves by +35 tonnes last quarter to 550 tonnes.
In 2025, Tether's gold buying also surpassed all but the 3 largest gold ETFs.
Tether is disrupting the gold market.
2026-01-31T14:24:20.000Z
2026-01-31T16:03:00.000Z