Tether Appoints Senior HSBC Metals Traders to Advance Gold Portfolio
Tether hired senior metals traders from HSBC to oversee expansion of its gold reserves and trading operations, reflecting its strategy to diversify into physical assets.
Stay updated on Tether (USDT), the leading stablecoin by market cap. Explore news on reserves, regulatory scrutiny, blockchain integrations, and USDT’s role in crypto trading and global payments.
Tether hired senior metals traders from HSBC to oversee expansion of its gold reserves and trading operations, reflecting its strategy to diversify into physical assets.
Three digital finance leaders unite to create blockchain infrastructure for tokenized securities, projecting market growth from $30B to $10T by 2030.
The November 5 agreement between Tether and Da Nang’s government targets blockchain policy development and educational initiatives in Vietnam.
Tether’s Q3 2025 attestation reveals unprecedented growth, with the stablecoin issuer now ranking as the 17th-largest US debt holder globally while projecting $15 billion in annual profits.
In its first year, the T3 FCU, a joint initiative by Tether, Tron, and TRM Labs, has successfully frozen over $300 million in illicit crypto.
Tether is now the 17th largest holder of United States Treasury, surpassing South Korea and other top countries.
Tether anticipates nearly $15 billion in net profits for 2025 as the stablecoin market expands to $316 billion, with the company dominating through USDT.
The stablecoin-to-Bitcoin ratio on Binance hit a two-year low as Tether and Circle minted $7 billion in new tokens.
Tether announced it has surpassed 500 million verified users worldwide, significantly ahead of competitor Circle’s 87 million USDC users.
Tether has once again shown its support for Bitcoin by donating $250,000 to OpenSats, a 501(c)(3) public charity that offers funds to contributors and projects that strengthen Bitcoin.
USDT0 debuts tokenized gold on Solana as RWA assets surge 35% to $686M, but SOL price remains pressured by potential Alameda liquidations and broader market weakness.
Tether will launch its fully open-source Wallet Development Kit (WDK) this week, featuring starter wallets for iOS and Android.
Tether’s gold-backed token, XAUt, has officially surpassed $1 billion in market value, driven by gold reaching an all-time high price.
Stablecoin market capitalization has recently surpassed $300 billion for the first time in history. Tether holds about 58% market share.
Tether’s stablecoin USDT, as per Bitwise’s Matt Hougan, could surpass Saudi Aramco to become the most profitable company in history.