Tether reduced its physical gold backing USDT by about 3.4 tonnes in Q3 2026, to roughly 143 tonnes, its first decline since early 2024 after nine consecutive quarters of increases. In contrast, gold backing the XAUT token rose by about 3.73 tonnes (nearly 17%) to about 25.74 tonnes, stored as 2,090 bars with a market value above $3 billion. Even with the lower volume, the value of the USDT gold holding rose about $246 million as the valuation price climbed from $4,008.02 to $4,157.41 per ounce. In Q3, Tether reported about $1.5 billion in net operating profit, while reserves above liabilities grew to nearly $7.95 billion. In a Reuters poll of 30 analysts, the median forecast for the 2026 average gold price was cut to $4,495 per ounce, while the 2027 forecast rose to $4,650.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Tether bất ngờ giảm nắm giữ vàng lần đầu sau gần 3 năm, nhưng một “kho vàng” khác lại phình to
Keywords
cryptostablecoinsgoldTetherXAUUSD
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Standard Chartered Predicts the Stablecoin Market Will Hit $2 Trillion by 2030. These Are the 3 Stablecoins Investors Need to Know.
Total stablecoin value was just over $299.2 billion as of Oct. 28, and Standard Chartered estimates the market will reach $2 trillion by 2030. Tether (USDT) holds 60.8% of total value, but its reserves are slightly riskier: when gold and Bitcoin fell together, its excess-reserve cushion shrank to $4.1 billion. USDC has $71.2 billion in circulation, mostly held in a money market fund, and the article says it is likely the safest stablecoin for most investors. Open USD, launched Sept. 30, has $835 million in circulation and is distributed through a syndicate in which distribution partners share reserve income.
- Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?
Utexo, a Dubai-based blockchain startup, plans to bring Tether's USDT back to Bitcoin after a three-year hiatus through the RGB protocol, which keeps transaction data off-chain. The public launch is scheduled for Nov. 28, with Lightning Network support planned for Q1 2027. USDT first ran on Bitcoin in 2014 through the Omni protocol, but Tether halted issuance in August 2023 citing declining usage, and later led Utexo's $7.5 million seed round in March. With $300 billion of stablecoin supply already on networks such as Ethereum and Tron, co-founder Viktor Ihnatiuk says the Bitcoin version's advantages are speed and privacy. Utexo Mint locks USDT0 on Arbitrum before minting an equivalent amount of USDT on Bitcoin, so its security also depends on the mechanisms connecting the two networks.
- US senator probes Tether after reported deal with ex-Trump crypto adviser
Democratic ranking member Sen. Richard Blumenthal has asked Tether CEO Paolo Ardoino for records on contracts, payments, communications and lobbying between Tether and Nxum, a marketing company co-founded by former White House crypto adviser Bo Hines, following a Wall Street Journal report of a $6.3 million deal. Blumenthal says Hines did not divest his one-third stake in Nxum and worked with it to lobby against, or seek changes to, stablecoin legislation, and that messages show Tether coordinating Nxum's lobbying on the GENIUS Act. He says these arrangements raise alarming ethical and legal concerns. As of Friday, Kalshi event contracts gave Democrats 92% and 68% chances of retaking the House and Senate, respectively, from 2027, while Tether did not respond to a request for comment.
- Tether Invests in Peso to Grow Everyday USDT Use in Latin America
Tether has led a pre-seed funding round in Bolivian fintech Peso, which offers USDT payments through food delivery apps and local banking networks. The investment will support Peso's expansion into Brazil, Colombia and Argentina, where it will link USDT with local currencies through banking and merchant payment systems. Peso already integrates USDT payments into Yango's food delivery service in Bolivia and offers QR payments, merchant point-of-sale services and virtual accounts tied to Bolivia's banking system. Tether did not disclose the size of the investment. The move comes as Bolivia faces a prolonged US dollar shortage and high inflation, and the government is considering a framework that would recognise USDT alongside the boliviano and the US dollar.
- Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
Tether led a pre-seed funding round in Bolivian fintech Peso, which offers USDT payments through food delivery apps and local banking networks, with the investment size undisclosed. The funds will support Peso's expansion across Bolivia, Brazil, Colombia and Argentina, and the company has already integrated USDT into Yango's food delivery service in Bolivia while offering QR payments, merchant point-of-sale services and virtual accounts linked to the banking system via ACH. The move comes as Bolivia faces a prolonged US dollar shortage and high inflation, and the government began considering in July 2026 a framework that would recognize USDT for payments, savings and trade alongside the boliviano and US dollar. Lending platform Tala also partnered with El Dorado to offer USDT loans through its digital wallet.
- Tether backs AIsa as strategic investor, completing seed extension round
AIsa, a San Francisco-based company, has completed its seed extension round with Tether and HIVEN joining as strategic investors, bringing its total funding to more than $9 million. Existing backers include Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates and Saison Capital. The company says fragmented providers, integrations and billing systems make it hard for enterprise AI agents to run at scale, and its Trusted Resource and Transaction Network aims to unify resource discovery, access and payments under governed, usage-based access. The platform connects agents to external data, AI search, models, APIs and software tools, with usage metering, billing and settlement built in. The article also notes Tether reported a $1.5 billion net operating profit for the second quarter, driven mainly by interest on US Treasury holdings.
Related markets
Latest news
- Bitcoin ETF outflows hit $643M, led by BlackRock and Fidelity
Bitcoin ETFs saw net outflows of $643 million on Friday, led by BlackRock at $233.7 million, followed by Fidelity at $201 million and Arc B at $129.5 million. The funds had also recorded net outflows in each of the four preceding sessions, and the week was still only down $202 million. The host notes that ETF flows tend to react to market moves because these funds don't trade 24/7 like Bitcoin, so the impact of after-hours events often shows up the next day. He contrasts this with the worst hack in history, worth $6 billion, and a sharp tech sell-off in which Intel fell 30% and Alphabet and Amazon were each down about 12% at one point overnight, while Bitcoin fell only 4–5% and gold also declined.
- BetterInvesting™ Magazine Update on Amazon.com and UnitedHealth Group
BetterInvesting Magazine's committee named Amazon.com (NASDAQ: AMZN) its “Stock to Study” and UnitedHealth Group (NYSE: UNH) its “Undervalued Stock” in the January–February 2027 issue, for informational and educational use. The organization says these picks are not endorsed or recommended for purchase by NAIC/BetterInvesting. It urges investors to conduct their own review using the Stock Selection Guide before making any investment decision. Non-members can access a limited trial version of the online analysis tools to view fundamental data for both companies.
- AMD Slides 3% Ahead of Earnings as PC Worries Linger; Intel Drops 5%, NVIDIA Edges Higher
AMD fell 3% to $489.03 ahead of its Q3 2026 results, scheduled for November 3 after the market closes, after an 11% drop on October 30 when Intel said its PC slowdown would last at least through the first half of 2027; Intel shares plunged 29% that session. Intel guided Q4 2026 revenue to $15–16 billion, below the roughly $17 billion consensus, but its Data Center and AI revenue still rose 78% to $7.32 billion. AMD's Client segment brought in $3.06 billion in Q2 2026, while Data Center rose 107% to $6.72 billion, making up 58% of sales. NVIDIA rose 1% to $206.76. AMD guided Q3 revenue to about $13 billion ±$300 million versus the $13.09 billion consensus, and bears point to a forward earnings multiple of 45x against a five-year average of 35x.
- AWS Growth Wins Amazon Stock a $330 Upgrade
Phillip Securities upgraded Amazon to Buy from Accumulate on Monday and raised its price target from $320 to $330, arguing that AWS demand justifies the company's heavier spending. Amazon shares were up 5.22% as of 10:30 a.m. ET. Analyst Helena Wang raised her fiscal 2027 revenue estimate by 2%, net income forecast by 3% and capex estimate by 3%, while acknowledging that aggressive spending pressures free cash flow. In the third quarter, net sales rose 12% to $201.9 billion and AWS sales grew 39.3% to $46.0 billion, its fastest pace in nearly five years. Net income fell to $20.7 billion, or $1.89 per diluted share, because the year-ago quarter included $9.5 billion in pre-tax gains from the Anthropic investment.
- This Up-and-Coming Tech Company Just Delivered 44% Revenue Growth, and It Has Nothing to Do With AI.
SoFi Technologies posted record adjusted net revenue of $1.4 billion in the third quarter of 2026, up 44% year over year, and GAAP net income of $241 million. Growth came from banking, lending, investing and fintech services rather than AI chips or models. The company is building a connected financial platform: members rose 35% to 17.1 million, products held grew 44% to 26.7 million, and more than half of new products opened in the quarter came from existing members. SoFi also has eight businesses each generating over $100 million in annualized revenue, and net profit rose 73%. The article says investors should watch whether SoFi can keep growing, turn that growth into lasting profits, and whether newer businesses such as recently announced blockchain payments contribute meaningfully.
- The EPS 'Miss That Wasn't Gave You and Me an Opportunity to Scoop Up Alphabet Cheaply
Alphabet reported GAAP EPS of $2.12 against a consensus of $2.97, ending a 12-quarter streak of beats, and shares fell 12.64% on earnings day, from $324.89 to $283.82. The author attributes the miss to a one-time $8.70 billion loss on equity securities, which cut net income by $6.70 billion and diluted EPS by $0.55, and argues that this mark-to-market swing sits outside the ad and cloud businesses. The author points to revenue of $127.58 billion (up 24.6%), operating income up 29.93%, and Google Cloud revenue up 103% to $30.71 billion as evidence of strong core operations. The author also flags risks, including capex of $51.36 billion (up 114.4%), negative free cash flow of -$9.07 billion, and dilution from share sales under an at-the-market program. The stock stood at $279.84, down 18.67% over the past month.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.