Tether is on track to become one of the largest private holders of gold, with its reserves expected to surpass $10 billion by the third quarter of 2025. The company is projected to hold over 100 tons of gold, marking a strategic shift from its reliance on government bonds to a more diversified asset base. Currently, Tether's gold reserves are valued between $12 billion and $15 billion. This accumulation serves as a hedge against inflation and economic uncertainty, enhancing the stability and resilience of its USDT stablecoin.