Tether CEO Paolo Ardoino mentioned in a post on X on Sunday that “Bitcoin and Gold will outlast another foreign money,” a minimalist line that aligns with how the stablecoin issuer has positioned components of its reserves over the previous two years.
On Could 17, 2023, Tether said it could usually allocate as much as 15% of internet realized working income to buy bitcoin for reserves, including BTC to surplus moderately than utilizing it to again circulating USDT one-for-one. The corporate framed the transfer as strengthening its steadiness sheet with a long-term retailer of worth.
BTC and gold as parallel pillars
Gold sits alongside bitcoin in that blend.
Tether points tether gold (XAUt), a token backed by allotted bars, and said on July 24 that greater than 7.66 tons of steel backed excellent tokens as of June 30, 2025. Individually, as CoinDesk reported on Sept. 5, 2025, citing the Monetary Occasions, Tether has held talks to take a position throughout the gold worth chain — from mining and refining to royalties — as a part of a broader diversification push.
Ardoino has grouped the property rhetorically earlier than. On Sept. 7, he referenced bitcoin, gold and land as hedges and later dismissed strategies that Tether bought BTC to build up gold, saying the agency remained dedicated to rising its bitcoin place.
At this time’s eight-word submit is much less a coverage shift than a restatement — bitcoin as a strategic asset added with income, and gold as a parallel pillar by way of tokenization and potential upstream investments — whereas most reserves stay in liquid devices such as U.S. Treasurys per attestations. The subsequent reserve report, anticipated late this month or early subsequent month, will present whether or not allocations to BTC and gold have modified.
As of Sunday, 8:10 p.m. UTC, the U.S. greenback index (DXY) was down 8.88% yr up to now, whereas bitcoin and gold — BTC-USD and XAU-USD — had been up 22.79% and 52.91%, respectively, in line with MarketWatch.