Tether has more than 100,000 BTC and 50 tons of gold, reveals Paolo Ardoino

The stablecoin issuing company USDT He has an important Bitcoin stash and large amounts of gold as part of his reserves.

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• Paolo Ardoino confirms that Tether handles large amounts of Bitcoin and gold in their reserves.
• As such, the firm has 100,000 BTC and more than 50 tons of physical gold.
• According to Ardoino, it makes sense to have reservations in these two assets, as they fulfill different functions.
• The announcement reinforces the commitment of Tether with Bitcoin.

Tether, The stablecoin issuing company USDT, revealed this week at the conference Bitcoin 2025 that has massive reservations in BTC and physical gold, which further consolidates its position as one of the most profitable companies in the crypto industry.

During his speech at the event held in Las Vegas, Paolo Ardoino, executive director of Tether, showed a slide with two key figures: The company currently maintains more than 100,000 BTC (equivalent to more than USD $ 10,000 million) and more than 50 tons of gold. The manager also said that in 2024 the company generated around USD $ 13,000 million in profits.

A reservation strategy outside the common

Tether is widely known for being the station of USDT, The stablecoin with greater adoption worldwide. But now, its strategy goes beyond maintaining dollars: it invests actively in assets that it considers solid reserves against inflation and instability of the Fiat system.

“Many bitcoiners do not want to talk about gold, as if gold took something from Bitcoin. But it is not so. Bitcoin is perfect, gold is imperfect”said Ardoino in front of the audience of the event. “Gold does not compete with Bitcoin; gold competes with Fiat money, and that’s why we like to have a little gold.”

His statement responds to a possible ideological tension within the ecosystem, where some staunch defenders of Bitcoin Come gold as obsolete. Ardoino sought to clarify that, to Tether, Both assets fulfill different functions.

According to the most recent report of Tether, corresponding to the closing of the first fiscal quarter of 2025, the company declared more than USD $ 7,000 million in Bitcoin and more than USD $ 6,000 million in “Standard physical bars.”

The values ​​were calculated based on an average price of BTC around USD $ 83,000. Currently, the market shows an even higher price, which could mean that the value of reserves is even higher at the time of the ad.

This report supports the transparency that the company has sought to strengthen in recent years, after multiple criticisms related to the opacity of its balances and the real support of its stablecoin.

Interest in reservations Bitcoin

The decision of Tether of accumulating BTC It is not an isolated case. In recent months, multiple companies have adopted a similar strategy. Some, like Strategy, They have focused their operation exclusively on acquiring Bitcoin as a strategic reserve.

This is part of a context where BTC It recently reached a new historical maximum above USD $ 110,000. Despite the typical market volatility, its price has shown remarkable stability in recent weeks.

Corporate interest seems to continue growing. On the same day as the announcement of Tether, The firm Singer Fitzgerald Asset Management revealed plans for a new investment fund that will offer direct exposure to BTC, but with a loss protection based on the price of gold.

Fitzgerald singer is linked to Twenty One Capitala company specialized in treasury Bitcoin, that recently acquired BTC for a value of USD $ 458 million. This triangulation between Tether, singer and specialized funds suggests a deeper institutionalization in the market.

SoftBank It has also been mentioned as part of the ecosystem, even more strengthening the network of large capitals betting on Bitcoin. The trend reflects a new stage in the history of cryptocurrency, where actors with great financial power wish to go for BTC As a central reserve, without abandoning other assets such as gold.

This movement can be marking a redefinition of what it means “Value Reserve” in a world that advances towards total financial digitalization.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

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