ChainCatcher reports that, according to Reuters, Tether CEO Paolo Ardoino stated that Tether plans to allocate 10% to 15% of its portfolio to physical gold.
Earlier reports indicate that stablecoin issuer Tether Holdings SA has become one of the largest participants in the global gold market, holding approximately 140 tons of gold valued at about $23 billion. It is believed to be the largest known holder of physical gold outside of banks and governments. Tether CEO Paolo Ardoino revealed that the company is continuously purchasing gold at a rate of 1 to 2 tons per week, with the goal of establishing a long-term, stable physical gold reserve in a former Swiss nuclear bunker.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Discloses Over $1.6 Billion in Investments in Recent Months, Including Rumble, Juventus and Other Projects
Gate News: On March 15, Tether disclosed that its total investments in recent months exceeded 1.6 billion dollars, with investment projects spanning multiple sectors including video platform Rumble and Italian football club Juventus.
GateNews2h ago
CEO của Tether: 550 triệu người sử dụng USDT
Paolo Ardoino, CEO of Tether, revealed that the largest sender of Tether (USDT) accounts for only 4.97% of total transaction volume, indicating a wide distribution among users. In contrast, a competing stablecoin has a larger concentration at 23.34%. Over 550 million people, mostly in emerging markets, use USDT for payments and transfers, highlighting its growing significance outside traditional banking.
TapChiBitcoin3h ago
Paolo Ardoino Questions Age Verification for AI Agents, Says Tether Will Defend Internet Freedom
In a pair of posts that lit up crypto social feeds on Saturday, Paolo Ardoino, the chief executive of Tether, posed a blunt question about the next frontier of regulation: should autonomous AI agents be subject to age verification? Ardoino asked whether such checks should be tied to the humans who o
BlockChainReporter5h ago
Tether 近几个月内披露至少 16 亿美元投资，涉及 10 个标的
Tether在过去几个月披露了至少16亿美元的投资，涉及多个领域，包括7.85亿美元投资Rumble、2.5亿美元投资Elemental Royalty等多个项目。
GateNews8h ago
Tether 冻结 Tron 链上某地址约 1200 万枚 USDT
3月14日，Tether冻结了一个Tron链地址持有的11,960,680枚USDT，使用智能合约的黑名单功能。这类冻结通常因洗钱、诈骗等原因触发，自2023年以来，Tether已累计冻结超42亿美元的USDT。
GateNews21h ago
Tether CEO：公司正投入大量资源确保 AI 通信与智能保持自由
Gate News 消息，3 月 14 日，Tether 首席执行官 Paolo Ardoino 发表声明称：「有人想扼杀自由互联网的梦想，而人工智能本身就诞生于牢笼之中。Tether 正在投入大量资源，以确保 AI 通信与智能保持自由。」
GateNews22h ago
