Tether Seeks $200M to Build Gold Treasury CompanyTether, the company behind the world's largest stablecoin USDT, is raising at least $200 million to create a new company focused entirely on tokenized gold. The treasury company will buy and hold large amounts of Tether Gold (XAUt), a digital token where each unit represents one ounce of physical gold stored in Swiss vaults. Tether’s Bigger StrategyThis gold treasury is part of Tether’s larger plan to expand beyond its core stablecoin business. Why Digital Gold Matters NowThe tokenized gold market reflects growing interest in putting real-world assets on blockchains. The Bottom LineTether’s $200 million gold treasury marks a turning point for tokenized commodities.