Tether CEO Paolo Ardoino: ‘Bitcoin and Gold Will Outlast Any Other Currency’
Tether CEO Paolo Ardoino’s recent eight-word declaration on X—'Bitcoin and Gold will outlast any other currency'—isn’t just a casual post; it’s a battle cry in the war against monetary decay. For those paying attention, this is classic maximalist doctrine, distilled to its purest form.Ardoino’s statement aligns perfectly with Tether’s strategic maneuvers over the past two years, where the stablecoin giant has been quietly fortifying its reserves with what it views as the only truly durable assets: Bitcoin and gold. This isn’t some speculative gamble; it’s a deliberate, calculated bet against the entire fiat system.Since May 2023, Tether has committed to allocating up to 15% of its net realized operating profits into Bitcoin, not merely as a backing for its USDT stablecoin but as a strategic surplus—a long-term store of value meant to strengthen its balance sheet against the inevitable erosion of traditional currencies. Gold, the ancient bastion of wealth, stands alongside Bitcoin in this mix, with Tether issuing the gold-backed token XAUt, which as of June 2025 represented over 7.66 tons of physical metal. But Tether isn’t stopping there; reports from the Financial Times in September 2025 revealed the company is exploring investments across the gold value chain, from mining to refining, signaling a deep, structural commitment to the yellow metal.Ardoino has rhetorically grouped Bitcoin, gold, and even land as essential hedges, dismissing any notion that Tether is selling BTC to accumulate gold—instead, the firm remains steadfast in growing its Bitcoin position. This dual-pillar approach reflects a broader philosophical stance: in a world where central banks print money at will, and the U.S. dollar index (DXY) has plummeted 8.88% year-to-date, Bitcoin and gold have surged 22. 79% and 52.91%, respectively, according to MarketWatch. These aren’t just assets; they are lifeboats in a storm of fiscal irresponsibility.The upcoming reserve report, expected later this month or early next, will likely confirm this trajectory, showing whether Tether has doubled down on its allocations. For critics who dismiss this as mere corporate strategy, think again—this is a fundamental rejection of the fiat paradigm.Bitcoin, with its fixed supply and decentralized nature, and gold, with its millennia-long history as a store of value, represent the antithesis of inflationary currencies. Tether’s moves echo the wisdom of early Bitcoin adopters who saw through the noise of altcoins and regulatory capture.While most of Tether’s reserves remain in liquid instruments like U. S.Treasurys, as per attestations, the shift toward hard assets is a clear signal: the future belongs to scarcity, not abundance. In the grand scheme, Ardoino’s post is a reminder that in the face of economic uncertainty, only the timeless will endure.
JA
Jamie Larson123k2 days ago
the contrast between the ancient gold and the digital bitcoin is such a stark image tbh, like a fortress being built from two different worlds
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