Tether’s 116-ton gold hoard rivals reserves of Korea and Hungary: Jefferies

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Why This Matters

Tether's significant gold purchases have led to a substantial increase in its gold reserves, rivaling those of countries like Korea and Hungary, and may be impacting short-term market sentiment.

Market Impact

Market impact analysis based on bullish sentiment with 63% confidence.

Sentiment
Bullish
AI Confidence
63%

Article Context

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Tether accounted for almost 2% of global gold demand last quarter, with Jefferies noting that its aggressive buying may be influencing short-term market sentiment.

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Original article published by Unknown on November 26, 2025.
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