Tether CEO: Tether holds more than 100,000 Bitcoins and 50 tons of gold

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Tether CEO Paolo Ardoino stated at the Bitcoin 2025 Conference that Tether currently holds over 100,000 Bit (valued at more than $10 billion) and 50 tons of gold. Tether is expected to achieve approximately $13 billion in profits in 2024. Ardoino emphasized that Tether's small gold holdings are not in competition with Bit, but serve as reserve assets to counter fiat currency. (The Block)


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