Tether's Paolo Ardoino predicts Bitcoin and gold will outlast all other currencies

Tether CEO Paolo Ardoino placed Bitcoin and gold at the top of the financial hierarchy, saying both assets “will last longer than any other currency. » Its recent post on

Tether strengthens its position on Bitcoin and Gold

Ardoino's remark came as Tether continues to expand its reserves beyond conventional holdings. Earlier in September, the CEO denied speculation that the company had sold its Bitcoins. He clarified that “Tether will continue to invest a portion of its profits in safe assets like Bitcoin, gold and land. »

Tether's approach follows a 2023 policy to allocate up to 15% of its operating profits made from the purchase of Bitcoin. The company indicated that its Bitcoin allocation will remain lower than its shareholder capital reserve, a buffer that ensures stability while allowing diversification. The plan highlights Tether's goal of balancing risk with strengthening its financial base through assets it views as sustainable stores of value.

At the Bitcoin 2025 conference in Las Vegas, Ardoino explained the relationship between BTC and gold. He noted that some Bitcoin supporters tend to overlook gold, but he insisted that these two assets play different roles. In his opinion, gold does not compete with Bitcoin, but rather stands in contrast to fiat currencies, which lose value over time. It's this logic, he said, that explains why Tether maintains exposure to gold alongside its investments in Bitcoin.

Gold-backed token and rise in Bitcoin holdings

Tether revealed in a July 24 update that its digital product Tether Gold (XAUt) is backed by more than 7.66 tonnes of goldall complying with London Good Delivery standards guaranteeing authenticity and purity. This structure allows investors to access physical gold through a digital asset fully backed by real reserves.

On the Bitcoin side, Tether has maintained a constant position since September 2022. Data from BitcoinTreasuries shows that the company holds 87,475 BTC, valued at approximately $10.02 billion. This makes Tether one of the largest institutional holders of BTC and shows its confidence in this asset as an integral part of its long-term reserve makeup.

BTC and Gold Remain Strong as Dollar Weakens

Bitcoin and gold have both seen gains over the past 24 hours. Gold is trading at $4,056.89 per ounce, up about 0.96%. After a rebound from the weekend's decline, BTC is now above $114,600, up more than 2% over the same period.

To understand how Bitcoin and gold have performed so far this year against the dollar, here are the key figures:

• BTC-USD is up 22.84% year-to-date.
• XAU-USD is up over 53% year to date.
• Elsewhere, the US Dollar Index fell −8.89%, reflecting weakness against both the yellow metal and the world's largest cryptocurrency.

These figures reflect Ardoino's belief that BTC and gold continue to retain their value compared to state currencies, and show that Tether remains committed to its strategy of using Bitcoin as a long-term reserve while maintaining exposure to gold. The company's next reserves update, expected soon, will reveal whether there have been any changes to its Bitcoin or gold holdings.