Quick Facts:
- 1️⃣ Tether CEO Paolo Ardoino reaffirmed that Bitcoin and gold will outlast every fiat currency, echoing Tether’s strategy of holding both as reserve assets.
- 2️⃣ $BTC is up 23% YTD and gold 55.95%, while the U.S. dollar index has fallen nearly 9%.
- 3️⃣ Tether continues allocating up to 15% of profits into Bitcoin and expanding its tokenized gold ($XAUT) reserves.
- 4️⃣ Rising institutional trust in hard assets mirrors the growing demand for projects like $HYPER, $BEST, and $ASTER – built for security, scalability, and long-term value.
When the CEO of the world’s largest stablecoin issuer says ‘Bitcoin and gold will outlive any currency,’ people listen.
Paolo Ardoino’s post on X this weekend reflected a belief that has guided Tether’s balance sheet for over two years – hard assets succeed in the long run.
The company has gradually moved from solely holding cash and Treasurys toward a diversified reserve that now includes both $BTC and tokenized gold, $XAUT. In May 2023, Tether announced that it would allocate up to 15% of its net realized profits to Bitcoin, creating a separate surplus position from the tokens backing $USDT.
The move positioned Bitcoin as a ‘strategic reserve,’ echoing gold’s long-standing reputation as a hedge against inflation and financial instability.
Tether’s gold-backed token now represents over 7.66 tons of physical gold, and reports suggest the company might even invest directly in mining and refining operations. This is a clear bet that tokenized commodities are here to stay.
So, when Ardoino says that Bitcoin and gold will outlast every fiat currency, it reflects how Tether is positioning itself for a future where digital and physical scarcity prevail.
If even the largest stablecoin issuer is doubling down on re
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Author: Aidan Weeks
