Why Tether is buying gold like a central bank


Tether (USDT-USD), the crypto platform, is on a gold-buying spree, having acquired 27 metric tons of the precious metal (GC=F) so far in 2026. So why is the crypto giant piling into gold—and what does the move say about its strategy? Scott Melker breaks it down.

“The Daily Wolf with Scott Melker” airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Make sure to also check out Yahoo Finance’s new crypto hub to find the latest crypto-related news.



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