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Tether Currently Holds 100,000 Bitcoin And 50 Tons Of Gold: Ardoino Says
Tether, the company behind the world's largest stablecoin USDT, just made headlines at the Bitcoin 2025 event. Tether's CEO, Paolo Ardoino, announced that the company currently holds over 100,000 Bitcoin and 50 tons of gold, further enhancing the diversity and strength of its reserves. In 2024, Tether achieved a massive profit of 13 billion USD. The company holds 120 billion USD in U.S. Treasury bonds, making it one of the largest holders of short-term government debt in the country. The large reserves support the stablecoin USDT, which is used by over 420 million people worldwide.
The company's strategy is very clear—diversification. With over 6.8 billion USD in Bitcoin, Tether is ranked as one of the top companies holding BTC. The company's gold reserve is also attracting attention, especially as many traditional investors shift from gold to Bitcoin. USDT is currently involved in 62% of total spot trading on centralized exchanges. Tether is not only used for cryptocurrency trading but is also estimated to have 138 million users accessing USDT through other platforms. Ardoino's speech shows that Tether considers itself a major force in the financial world, not just a stablecoin issuer. The company's reserves are now as large as those of major banks and funds, proving that they believe in digital and traditional assets. Meanwhile, all attention is focused on Washington as an important market structure bill is set to be presented at a congressional hearing next month, which could reshape cryptocurrency regulation in the United States.