Tether CEO Paolo Ardoino posted on X: “Bitcoin and gold will outlast any other currency,” reaffirming the company’s long-term stance on holding both assets in its reserves.
This statement aligns with Tether’s strategy announced in May 2023, in which the company committed to allocating up to 15% of its realized operating profits to buy Bitcoin as a long-term reserve asset, rather than using it to directly back circulating USDT. At the same time, Tether has also expanded its exposure to gold through Tether Gold (XAUt) — a token backed by allocated physical gold. As of June 30, 2025, XAUt was backed by more than 7.66 tons of gold.
Tether has also reportedly held talks to invest across the gold value chain — from mining and refining to royalties — as part of a broader diversification strategy. Ardoino has previously grouped Bitcoin, gold, and land as “hedge assets” and denied rumors that Tether sold BTC to buy gold.
This latest eight-word post is not a policy shift but a reaffirmation: Bitcoin remains a strategic asset purchased with profits, while gold serves as a parallel pillar through tokenization and potential upstream investments. Meanwhile, most of Tether’s reserves remain in U.S. Treasury bills, according to previous attestations.
Investors now await the company’s next reserve report — expected later this month or early November — to see whether Tether’s allocations to Bitcoin and gold have changed.