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Tether cuts gold buys in Q1 as USDT reserves stay Treasury heavy
Business
Published on 2 May 2026
Gold purchases drop from 27 to 6 tons
Tether reduced its gold purchases sharply in the first quarter, with purchases falling from 27 tons to 6 tons, according to data. Despite the slowdown, Tether says it kept a diversified reserve mix anchored largely in U.S. Treasuries, alongside Bitcoin and a smaller—though still strategic—gold allocation supporting USDT.
- Tether’s gold purchases fell from 27 tons to 6 tons in Q1
- USDT reserves remain heavily backed by U.S. Treasuries
- Bitcoin and gold continue as part of a diversified reserve mix
- Gold’s role appears smaller but still intentional
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times