Tether and Gold.com are exploring options to allow the use of Tether 's stablecoin to purchase physical gold.
The investment arm of stablecoin issuer Tether has acquired a $150 million stake in precious metals platform Gold.com to expand access to Tokenize gold.
Tether announced on Thursday that it now owns approximately 12% of the company, and that Gold.com will integrate Tether Gold (XAUt), Tether's gold-backed cryptocurrency, into its platform.
Gold.com is a publicly listed online trading platform specializing in the sale of gold and other precious metals such as silver and platinum to a variety of markets, including the United States.
“Gold has played a central Vai in preserving value for centuries, particularly during periods of currency stress and geopolitical instability,” said Tether CEO Paolo Ardoino. “For Tether, exposure to gold is not a short-term transaction; it is a long-term hedge and allocation to protect our users as well as ourselves in an increasingly uncertain world.”
He added that the company's investment in Gold.com "reflects the long-term belief that gold should be as accessible, transferable, and usable as modern digital currency, without compromising physical collateral or ownership."
Tether explores gold payments using stablecoins.
Tether and Gold.com are also XEM options to allow customers to purchase physical gold using Tether 's flagship stablecoin, USDT, as well as a new stablecoin specifically for the US market, USAt (USAT), which Tether launched with its crypto-only bank, Anchorage Digital, on January 27th.
Tether expansion into gold-related products comes as gold prices have surged more than 80% in the past 12 months, reaching $5,600 on January 29th, before cooling down to $4,800 at the time of writing.
This partnership was announced after Tether announced earlier on Thursday that it had made a $100 million equity Capital in Anchorage, a move that helps boost the adoption of the USAt stablecoin in the US market, as the bank moves toward an initial public offering next year.
Tether reported a profit of $10 billion in 2025, primarily driven by interest income from its holdings of US Treasury bonds used to back its $185.6 billion USDT reserve fund.
