Tether CEO Reaffirms Faith in Bitcoin and Gold as Lasting Stores of Value

Tether CEO Paolo Ardoino has once again highlighted his bullish stance on Bitcoin and gold, declaring in a post on X that “Bitcoin and Gold will outlast any other currency.” The statement underscores the stablecoin issuer’s strategy of positioning these assets as key pillars of its reserve diversification plan.

Since May 2023, Tether has committed to allocating up to 15% of its net realized operating profits toward purchasing Bitcoin. The move was designed to strengthen the company’s balance sheet with a long-term store of value rather than backing USDT on a one-to-one basis. This strategy aligns with the company’s ongoing effort to enhance transparency and sustainability in its reserves.

Gold plays an equally important role in Tether’s portfolio. Through its product Tether Gold (XAUt), the firm offers tokens backed by physical gold bars. As of June 30, 2025, more than 7.66 tons of gold backed outstanding XAUt tokens. Furthermore, reports indicate that Tether has been exploring potential investments across the gold value chain — including mining, refining, and royalties — as part of a broader diversification initiative.

Ardoino has previously referred to Bitcoin, gold, and even land as hedge assets, emphasizing Tether’s long-term vision of financial resilience. Despite market speculation, he has denied claims that the company sold Bitcoin to buy gold, reaffirming its commitment to expanding its BTC holdings.

While Tether continues to hold most of its reserves in liquid instruments such as U.S. Treasurys, its growing exposure to Bitcoin and gold reflects a strategic shift toward tangible and decentralized assets. With Bitcoin up 22.79% and gold soaring 52.91% year-to-date, Ardoino’s latest statement reinforces Tether’s belief in these enduring assets as reliable stores of value amid global currency volatility.