{"id":51472,"date":"2025-10-13T09:54:24","date_gmt":"2025-10-13T02:54:24","guid":{"rendered":"https:\/\/hbbgroup.net\/tether-ceo-paolo-ardoino-bitcoin-and-gold-will-outlast-any-other-currency\/"},"modified":"2025-10-13T09:54:24","modified_gmt":"2025-10-13T02:54:24","slug":"tether-ceo-paolo-ardoino-bitcoin-and-gold-will-outlast-any-other-currency","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/tether-ceo-paolo-ardoino-bitcoin-and-gold-will-outlast-any-other-currency\/","title":{"rendered":"Tether CEO Paolo Ardoino: \u2018Bitcoin and Gold Will Outlast Any Other Currency\u2019"},"content":{"rendered":"<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h2>Tether CEO Paolo Ardoino: \u2018Bitcoin and Gold Will Outlast Any Other Currency\u2019<\/h2>\n<h2>Paolo Ardoino\u2019s latest comment about bitcoin and gold echoes Tether\u2019s policy of buying BTC with profits and building up gold exposure.<\/h2>\n<p><span class> Oct 12, 2025, 8:48\u202fp.m. <\/span><\/p>\n<\/div>\n<div data-module-name=\"article-body\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Tether CEO Paolo Ardoino said in a <a href=\"https:\/\/x.com\/paoloardoino\/status\/1977314355344511197\" target=\"_blank\">post on X <\/a>on Sunday that &#8220;Bitcoin and Gold will outlast any other currency,&#8221; a minimalist line that aligns with how the stablecoin issuer has positioned parts of its reserves over the past two years.<\/p>\n<p>On May 17, 2023, Tether <a href=\"https:\/\/tether.io\/news\/tether-to-further-strengthen-reserves-through-purchase-of-bitcoin-with-realized-net-operating-profits\/?utm_source=chatgpt.com\" target=\"_blank\">said<\/a> it would regularly allocate up to 15% of net realized operating profits to purchase bitcoin for reserves, adding BTC to surplus rather than using it to back circulating USDT one-for-one. The company framed the move as strengthening its balance sheet with a long-term store of value. <\/p>\n<h2>BTC and gold as parallel pillars<\/h2>\n<p>Gold sits alongside bitcoin in that mix. <\/p>\n<p>Tether issues <a href=\"https:\/\/gold.tether.to\/\" target=\"_blank\">tether gold<\/a> (XAUt), a token backed by allocated bars, and <a href=\"https:\/\/tether.io\/news\/tether-gold-grows-with-more-than-7-66-tons-of-gold-backing-xaut-as-of-q2-2025-confirming-continued-strength-in-tokenized-gold\" target=\"_blank\">said<\/a> on July 24 that more than 7.66 tons of metal backed outstanding tokens as of June 30, 2025. Separately, as CoinDesk <a href=\"http:\/\/www.coindesk.com\/business\/2025\/09\/05\/tether-held-talks-to-invest-in-gold-mining-ft\">reported<\/a> on Sept. 5, 2025, citing the Financial Times, Tether has held talks to invest across the gold value chain \u2014 from mining and refining to royalties \u2014 as part of a broader diversification push.<\/p>\n<p>Ardoino has grouped the assets rhetorically before. On Sept. 7, he referenced bitcoin, gold and land as hedges and later dismissed suggestions that Tether sold BTC to accumulate gold, saying the firm remained committed to growing its bitcoin position. <\/p>\n<p>Today&#8217;s eight-word post is less a policy shift than a restatement \u2014 bitcoin as a strategic asset added with profits, and gold as a parallel pillar via tokenization and potential upstream investments \u2014 while most reserves remain in liquid instruments such as U.S. Treasurys per attestations. The next reserve report, expected late this month or early next month, will show whether allocations to BTC and gold have changed.<\/p>\n<p>As of Sunday, 8:10 p.m. UTC, the U.S. dollar index (DXY) was down 8.88% year to date, while bitcoin and gold \u2014 BTC-USD and XAU-USD \u2014 were up 22.79% and 52.91%, respectively, according to MarketWatch.<\/p>\n<\/div>\n<div>\n<p><span class>AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to <\/span><a rel=\"noopener noreferrer\" href=\"http:\/\/www.coindesk.com\/ethics\">our standards<\/a>. <span class>For more information, see <\/span><a rel=\"noopener noreferrer\" href=\"http:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/p>\n<\/div>\n<div data-module-name=\"promotional-article\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<div>\n<p>Total Crypto Trading Volume Hits Yearly High of $9.72T<\/p>\n<\/div>\n<div>\n<figure><img loading=\"lazy\" alt=\"Exchange Review August\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F4e9c5e0ea1c5b35b41bf2c17436d83f61967d66f-2514x1413.png%3Frect%3D0%2C0%2C2512%2C1413%26w%3D1920%26h%3D1080%26auto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025<\/p>\n<div>\n<p>What to know: <\/p>\n<div>\n<ul>\n<li>Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025<\/li>\n<li>Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platform<\/li>\n<li>Open interest across centralized derivatives exchanges rose 4.92% to $187 billion<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/research\/exchange-review-august-2025\">View Full Report<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div data-module-name=\"read-next\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<p>Asia Morning Briefing: Ethereum Leads Recovery After $20B Liquidation Shock<\/p>\n<figure><img loading=\"lazy\" alt=\"Ethereum Logo \" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fb7dd683e48326c2ace004e4e6c4b4f6ff6c84c77-1920x1080.jpg%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>ETH\u2019s rebound is outpacing BTC&#8217;s as markets stabilize, with high-beta plays like Solana and Bittensor joining the bounce. One working theory suggests Friday\u2019s meltdown wasn\u2019t about stablecoin fragility \u2014 it was a structural failure on Binance.<\/p>\n<div>\n<p>What to know: <\/p>\n<div>\n<ul>\n<li>Bitcoin steadied around $115,000 after a historic crypto liquidation event, while Ether rose to $4,150, recovering from Friday&#8217;s lows.<\/li>\n<li>Binance faced criticism for a pricing flaw that led to a localized collapse, triggering forced liquidations and a temporary depeg of USDe.<\/li>\n<li>Gold surged to a record high amid escalating U.S.\u2013China trade tensions and expectations of Federal Reserve rate cuts.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/markets\/2025\/10\/13\/asia-morning-briefing-ethereum-leads-recovery-after-usd20b-liquidation-shock\">Read full story<svg width=\"21\" height=\"21\" viewbox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskunits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Tether CEO Paolo Ardoino: \u2018Bitcoin and Gold Will Outlast Any Other Currency\u2019 Paolo Ardoino\u2019s latest comment about bitcoin and gold [&hellip;]<\/p>","protected":false},"author":5,"featured_media":51473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-51472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/51472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=51472"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/51472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/51473"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=51472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=51472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=51472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}