稳定币巨头Tether瑞士囤金80吨,“比货币更安全”!

金十数据Publicado em 2025-07-10Última atualização em 2025-07-10

全球最大稳定币的发行公司Tether Holdings SA,据悉在瑞士拥有自己的金库,用来存储价值80亿美元的黄金储备,并计划进一步增加数量。

这家总部位于萨尔瓦多的加密公司目前持有近80吨黄金,绝大部分由Tether公司直接拥有,使其成为全球除银行和国家以外最大的黄金持有者之一。根据该公司3月发布的最新报告,贵金属占公司储备的近5%。

Tether的黄金储备与瑞银集团持有的贵金属和其他商品的总价值相当,后者是为数不多的几家在季度财报中披露此类信息的大型黄金交易银行之一。

Tether首席执行官Paolo Ardoino在一次采访中表示:“我们有自己的金库。我相信这是世界上最安全的金库。” 该设施位于瑞士,但出于安全原因,公司拒绝透露具体位置或金库的建立时间。Ardoino还表示:

“我认为黄金应该比任何国家货币更安全。所以我认为,如果人们开始担心美国债务的潜在增加,他们可能会考虑替代方案。”

Ardoino说:“每一个金砖国家的中央银行都在购买黄金,这就是为什么我们认为黄金价格上涨的原因。”

Tether是稳定币USDT的发行商,USDT旨在保持与美元的1:1价值比,目前流通量为1590亿美元。公司通过发行代币换取美元,并通过投资美国国债等资产赚取收益。

上个月,稳定币的总供应量首次突破2500亿美元。根据DeFiLlama的数据,截至7月9日,稳定币的总市值已达2553亿美元,过去七天内增加了18.71亿美元。其中,USDT占据了其中超过62%的份额,紧随其后的竞争对手Circle的USDC占约24%,剩下的267种稳定币则共享剩余的14%。

稳定币的爆炸性增长引发了监管机构和执法机构的关注,Tether因其规模以及过去关于其储备状况的疑虑而尤其引人注目。主要担忧之一是,随着稳定币的流行,它们可能会允许大量资金在不经过正式银行体系的情况下流动。

新的稳定币监管立法通常避免将黄金和其他替代资产作为数字美元的合适支撑。去年欧盟出台的规则以及美国提出的立法,仅允许现金和类似现金的资产(如短期政府债券)来支撑与法定货币挂钩的稳定币。

根据此类规则,Tether如果希望在这些市场获得授权,必须出售其用来支持USDT的黄金。

除了USDT外,该公司还发行了一种黄金支持的代币XAUT,每个代币由一盎司黄金支持。代币可以兑换为实物黄金,直接在瑞士领取。公司已发行相当于7.7吨黄金或8.19亿美元的代币,但与流动性更强的黄金支持的交易所交易基金相比,这一规模仍然较小,后者最大基金持有近950吨黄金。

Ardoino表示,决定拥有自己的金库,而不是支付贵金属行业常用的金库运营商费用,主要是出于成本考虑。他补充道:

“如果Tether的黄金代币发行量增长到1000亿美元,那可是一大笔钱,支付50个基点的费用就很贵。如果你有自己的金库,随着规模的扩大,保管费用最终会变得更便宜。”

今年黄金价格上涨了大约25%,投资者购买黄金作为避险资产,以对冲地缘政治紧张局势和日益扩大的贸易战争。来自中央银行和主权机构的强劲需求也支撑了黄金价格。

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