Tether’s Ardoino Predicts ‘Bitcoin and Gold Will Outlast Any Other Currency’

Tether’s Chief Executive Officer, Paolo Ardoino, has placed Bitcoin and gold at the top of the financial hierarchy, saying both assets will “outlast any other currency.” His recent post on X was short but reflected the company’s broader strategy of holding a portion of its reserves in Bitcoin and gold, reinforcing Tether’s long-term commitment to these assets.

Tether Strengthens Its Hold on Bitcoin and Gold

Ardoino’s remark came as Tether continues to expand its reserves beyond conventional holdings. Earlier in September, the CEO addressed speculation that the company had sold its Bitcoin. He clarified that “Tether will continue to invest part of its profits into safe assets like Bitcoin, gold, and land.”

Tether’s approach follows a 2023 policy to channel up to 15% of its realized operating profits into Bitcoin purchases. The company has stated that its Bitcoin allocation will stay below its Shareholder Capital Cushion, a buffer that ensures stability while allowing for diversification. This plan highlights Tether’s aim to balance risk while strengthening its financial base through assets it sees as durable stores of value.

At the Bitcoin 2025 conference in Las Vegas, Ardoino elaborated on the relationship between BTC and gold. He noted that some supporters of Bitcoin tend to overlook gold, but he emphasized that both assets serve different roles. In his view, gold does not compete with Bitcoin but instead stands in contrast to fiat currencies, which lose value over time. This reasoning, he said, is why Tether maintains exposure to gold alongside its Bitcoin investments.

Gold-Backed Token and Growing Bitcoin Holdings

Tether, in a July 24 update, revealed that its digital product Tether Gold (XAUt) is supported by more than 7.66 tons of gold, all meeting London Good Delivery standards to ensure 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 consistent position since September 2022. Data from BitcoinTreasuries shows that the company holds 87,475 BTC, valued at about $10.02 billion. This makes Tether one of the largest institutional holders of BTC and shows its confidence in the asset as part of its long-term reserve composition.

BTC and Gold Remain Strong as Dollar Weakens

Both Bitcoin and gold have posted gains in the past 24 hours. Gold is trading at $4,056.89 per ounce, up about 0.96%. After recovering from its weekend dip, BTC is now above $114,600, showing a rise of more than 2% over the same period. 

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

• BTC-USD has risen 22.84% year to date.
• XAU-USD has increased by over 53% since the start of the year.
• Meanwhile, the U.S. Dollar Index has dropped −8.89%, reflecting weakness against both the yellow metal and the world’s largest cryptocurrency.

These figures reflect Ardoino’s view that BTC and gold continue to hold value compared with government-backed 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 reserve update, expected soon, will reveal whether there have been any changes to its Bitcoin or gold holdings.