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Tether CEO Paolo Ardoino Confronts Bitcoin and Gold Whisper Campaign

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Tether CEO Paolo Ardoino has resisted hypothesis that the world’s largest stablecoin issuer is promoting Bitcoin (BTC) to build up gold.

 According to Ardoino, these claims are false, with the crypto govt reaffirming Tether’s long-term bullish stance on BTC.

Tether’s Hybrid Reserve Model Counters Bearish Rumors

The rumors started after Clive Thompson, an unbiased analyst, claimed that Tether’s Bitcoin holdings had declined between the primary and second quarter of 2025. The analyst cited attestations from the accounting agency BDO.

According to the paperwork, Tether held 92,650 BTC on the finish of Q1, in contrast with 83,274 BTC on the finish of Q2. Thompson argued this advised the corporate had liquidated a part of its place to fund rising gold investments.

Samson Mow, CEO of Jan3 and a vocal Bitcoin advocate, rebuts the declare. He defined that Tether had transferred almost 20,000 BTC into funding car XXI, which was not factored into Thompson’s evaluation.

“June 2, 2025, 14,000 BTC was transferred to XXI. In July 2025, an extra 5,800 BTC was transferred to XXI. That implies that on the finish of Q2 2025, Tether would have had 4,624 BTC greater than on the finish of Q1 2025. If you mixed it with the July switch, then Tether has (no less than) a web improve in Bitcoin holdings of 10,424 BTC,” Mow wrote on X (Twitter).

Ardoino confirmed the reason, articulating that Tether didn’t promote any Bitcoin, and noting that the stablecoin issuer contributed a part of its stash into XXI.

“While the world continues to get darker, Tether will proceed to speculate a part of its income into secure property like Bitcoin, Gold, and Land. Tether is the Stable Company,” he wrote.

The clarification comes as Tether builds a broader diversification technique that more and more consists of valuable metals.

BeInCrypto reported that the corporate has amassed $8.7 billion worth of gold, almost 80 tons of that are saved in Zurich vaults.

Tether Balances Bitcoin Core Strategy with Gold Expansion and XAUT Growth

Tether has additionally been exploring alternatives throughout the gold mining provide chain. While this transfer has drawn skepticism from the conservative mining business, it highlights the corporate’s ambition to broaden past digital property.

DeFi researcher Tran Hung additionally revealed shut communication with Ardoino, reiterating that Bitcoin stays Tether’s core focus.

Meanwhile, in response to the crypto govt, claims that the stablecoin issuer is sidestepping Bitcoin for gold is misinformation, meant to unfold concern, uncertainty, and doubt (FUD).

Nevertheless,  twin accumulation of Bitcoin and gold positions Tether on the heart of a rising development the place crypto companies hedge towards fiat foreign money instability with laborious property.

The firm’s gold-backed token, XAUT, has prolonged stablecoin utility into valuable metals, giving traders blockchain-based entry to bullion.

Recent information signifies that Tether Gold or XAUT surpassed the $1.3 billion market cap threshold, successfully foraying into the crypto high 100.

Notwithstanding, the rumors spotlight market eagerness for bearish Bitcoin narratives.

“Seems everyone seems to be determined for bearish Bitcoin information lately. Tether is mega bullish on Bitcoin on all metrics,” Mow added.

Bitcoin price performance
Bitcoin (BTC) Price Performance. Source: BeInCrypto

As Tether strengthens its hybrid reserve mannequin, Ardoino holds that whereas Bitcoin stays the cornerstone, gold and land are additionally a part of a broader defend towards world financial uncertainty.

The publish Tether CEO Paolo Ardoino Confronts Bitcoin and Gold Whisper Campaign appeared first on BeInCrypto.

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