Tether turns to gold to consolidate stablecoin dominance in a situation of adverse regulation

Against the backdrop of growing demand for stablecoin assets, Tether issued $1 billion worth of SDT to boost liquidity and thus consolidate its role in promoting cryptocurrency trading and settlement. The company also announced strategic investment in gold mining to diversify its reserves and supplement its large amount of U.S. Treasury bonds and cash holdings. In the first half of 2025, gold and Bitcoin contributed $26 billion in revenue, accounting for 45.6% of Tether's net income, highlighting its trend toward alternative assets. Despite increasingly stringent regulatory scrutiny, Tether still dominates the stablecoin market.