Tether plans move into gold mining investments

Stablecoin issuer Tether is planning to invest in gold mining in what appears to be a further attempt to diversify its ￰0￱ Times disclosed this in a recent report, citing people familiar with the ￰1￱ to the Financial Times report, the stablecoin issuer wants to invest in the entire gold mining supply chain and has held talks with both mining and investment groups on how to go about its ￰2￱ firm has reportedly engaged gold royalty companies, which invest in gold mining ventures for a percentage of their ￰3￱ no major deal is struck yet, many believe this is ￰4￱ firm’s interest in gold goes to the top, where its CEO, Paolo Ardoino, has constantly spoken in support of the precious ￰5￱ considers gold the natural Bitcoin and believes it is a better hedge than any fiat currency.

Meanwhile, the Financial Times report stated that not all insiders of the gold mining industry are convinced by Tether’s foray into their ￰6￱ the company already has a strong foothold in the commodities market through providing short-term finance, some believe they do not have a strategy for ￰7￱ already has gold exposure Interestingly, Tether investing in gold mining will not be a complete surprise, given that the company has exposure to the precious ￰8￱ stablecoin issuer has $8.7 billion worth of gold in USDT reserves , according to its financial ￰9￱ also issues a gold-backed token, XAUt, with a market cap of around $880 ￰10￱ is trading above $3,500 according to CoinMarketCap, with more than a 35% increase in value year-to-date, coinciding with the physical gold value surging to a new all-time high above $3,600.

Beyond that, its investment arm Tether Investments bought a minority stake in gold royalty company Elemental Altus for $105 million in ￰11￱ firm further invested another $100 million into the company this month as it merged with EMX to become Elemental Royalty Corp, a group with 16 producing ￰12￱ doubles down on diversification efforts Meanwhile, Tether’s venture into gold mining will mark another foray in the firm’s attempt to diversify and reinvest the profit from its stablecoin business into other ￰13￱ far, the company offers lending to commodities traders and has invested in artificial intelligence, a Bitcoin treasury company, a brain-computer interface company, and an agro ￰14￱ even bought a stake in the Juventus Football Club and has been trying to have more say in the club’s ￰15￱ massive diversification efforts from Tether are not completely surprising, given the billions of dollars in profits it generates from its stablecoin ￰16￱ year, the company made over $13 billion in profits, and the first half of 2025 has already seen it earn $5.7 billion in ￰17￱ the sizable profits that the company is earning off its stablecoin business, it faces the existential threat of competitors eating into the market share of ￰18￱ currently has a market cap of over $170 billion, accounting for 59.21% of the total $288 billion in the stablecoins market ￰19￱ threat has grown stronger in recent months, with the US finally enacting the GENIUS Stablecoin Act, opening the door for traditional financial institutions to issue their own ￰20￱ companies like Stripe are also venturing into the space, launching a layer-1 payment-focused blockchain months after buying stablecoin infrastructure company ￰21￱ firm must also contend with crypto-native competitors such as Circle with USDC and Ripple with RLUSD, who boasts of regulatory compliance as an edge over ￰22￱ recently disclosed a partnership with fintech firms in Africa to boost the adoption of ￰23￱ markets such as those in Africa are the biggest market for ￰24￱ Difference Wire : the secret tool crypto projects use to get guaranteed media coverage