Tether Investments has made a strategic $150 million investment in Gold.com, marking a significant move to expand global access to gold through digital and traditional channels. The partnership aims to integrate Tether’s gold-backed digital asset XAUT into Gold.com’s platform, with potential for purchasing physical gold using digital currencies like USDT and USAT.

The investment comes at a time of surging gold markets, with prices exceeding $5,000 per ounce and the gold-backed stablecoin market growing from $1.3 billion to $5.5 billion in the past year. Tether Gold currently dominates over 60% of the global gold- stablecoin market, backed by approximately 140 tonnes of physical gold and offering 1:1 physical backing.

Read More: Opera Adds Tether Gold to Minipay for Emerging Markets

• How much did Tether invest in Gold.com? — $150 million, acquiring approximately 12% ownership.
• What is the primary goal of this investment? — To expand access to gold across digital and traditional distribution channels.
• What is the current size of the gold-backed stablecoin market? — Grown from $1.3 billion to $5.5 billion in the last 12 months.
• Who leads the gold-backed stablecoin market? — Tether Gold, accounting for over 60% of the global market cap.

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