Key facts: Tether reports $6.8B excess reserves; Bank of England proposes stablecoin rules; Tether shifts to gold accumulation — TradingView News

In early 2025, Tether holds $181.2 billion in reserves against $174.5 billion in liabilities, yielding $6.8 billion in excess reserves and over $10 billion in interest income.1The Bank of England proposed new rules for stablecoins, capping individual holdings at £20,000 and requiring issuers to back 40% of assets with the Bank to ensure financial stability.2Tether is now accumulating gold, indicating a shift towards operating like a sovereign wealth fund, which could impact perceptions of stablecoins as reserve assets.3