Tether Exec: “Bitcoin and gold will outlast all currencies”

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  • With a market capitalization of $180 billion, USDT from Tether is undeniably the largest stablecoin in the world. However, CEO Paolo Ardoino appears to be less than convinced regarding the enduring immutability of the “King Dollar.”
  • In a recent post on X, the Tether CEO plainly stated: “Bitcoin and gold will outlast any other currency.” An assertion one might anticipate more from passionate maximalists such as Michael Saylor or Jack Mallers.
  • Nevertheless, the dedication to both digital and physical gold is not completely unexpected. As early as May of 2023, Tether disclosed its intent to utilize up to 15 percent of realized operating earnings to procure Bitcoin for its reserves. The leading stablecoin provider later announced increasing gold backing for XAUt.
  • According to BitcoinTreasuries, Tether currently possesses 87,475 BTC, valued at $10 billion, alongside roughly 50 tons of gold worth $6.5 billion. Among private enterprises globally, only Block.One maintains a larger BTC holding.
  • Ardoino had previously characterized the two non-sovereign stores of value. In early September, he depicted Bitcoin, gold, and land as “hedges” and refuted claims that Tether had divested BTC to amass gold.
  • “With blockchain and stablecoins, we're restoring money to peer-to-peer transactions,” the Tether CEO articulated his firm’s long-term objective at Token2049. The often-costly remittance payments from foreign workers could already be managed efficiently today by using dollar stablecoins.
  • Even with just about 200 team members, Tether produced a striking profit of $4.9 billion during the second quarter of 2025. This positions the USDT issuer as a strong contender for the designation of the world’s most profitable corporation.

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Recommended Video Bitcoin 2030: The only prediction you should take seriously

Sources

  • Tether BTC holdings | Bitcoin Treasuries
  • Paolo Ardoino I X-Post


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