Tether Extends Gold Lending With $1.5 Billion U.S. Bullion Financing

Tether has provided about $1.5 billion in financing to a U.S. precious-metals dealer, expanding its role in physical gold markets. The financing makes Tether a significant lender to the bullion trade as the crypto company builds one of the largest private gold holdings.

The move adds another layer to Tether’s strategy of deploying capital beyond its core stablecoin business. The company has increasingly focused on gold and tokenized real-world assets while maintaining large reserves of physical bullion. Its lending activity also puts it closer to a market historically served by major financial institutions.

The development comes as gold remains a major focus for investors amid shifting interest-rate expectations and elevated market uncertainty. Tether’s growing exposure could increase its influence across both digital assets and traditional commodities, while creating new links between stablecoin capital and physical bullion markets.