“Bitcoin and gold will outlast different currencies,” Tether CEO Paolo Ardoino stated in a submit on X on Sunday, a minimal coverage according to how the stablecoin issuer has positioned a few of its reserves over the previous two years.
On Could 17, 2023, Tether introduced that it could usually allocate as much as 15% of its web realized working earnings to buy Bitcoin as a reserve, including BTC to the excess reasonably than utilizing it to reverse cycle USDT on a 1:1 foundation. The corporate positioned the transfer as strengthening its steadiness sheet by means of long-term worth preservation.
BTC and gold as parallel pillars
In that mixture, gold ranks alongside Bitcoin.
Tether points Tether Gold (XAUt), an allotted bar-backed token, and introduced on July 24 that it has over 7.66 tons of metal-backed tokens excellent as of June 30, 2025. Individually, as CoinDesk reported on September 5, 2025, citing the Monetary Occasions, Tether is in talks to speculate throughout the gold worth chain, from mining and refining to royalties. Promote broader diversification.
Ardoino used to rhetorically group property collectively. On September 7, he cited Bitcoin, gold, and land as hedges, then denied ideas that Tether had offered BTC to build up gold, saying the corporate stays dedicated to increasing its Bitcoin place.
Right this moment’s 8-word submit is extra of a restatement than a coverage change – Bitcoin as a strategic asset with added returns and gold as a parallel pillar by means of tokenization and upstream funding potential – whereas the proof suggests that almost all of reserves stay in liquid monetary devices comparable to US Treasuries. The following reserves report, anticipated on the finish of this month or early subsequent month, will present whether or not the allocation to BTC and gold has modified.
As of 8:10pm UTC on Sunday, the U.S. greenback index (DXY) is down 8.88% year-to-date, whereas Bitcoin and gold (BTC-USD and XAU-USD) are up 22.79% and 52.91%, respectively, in accordance with MarketWatch.
