Tether CEO Paolo Ardoino stated today that Bitcoin and gold are poised to endure far beyond the lifespan of any fiat currency, highlighting their complementary roles in preserving wealth. Ardoino shared his perspective on X, emphasizing that both assets act as reliable hedges against inflation and monetary instability.
He noted that investors should view Bitcoin and gold not as competitors but as pillars of financial resilience, reflecting a broader trend in the crypto community that sees digital assets evolving as modern stores of value. Ardoino also confirmed that Tether continues to expand its holdings of Bitcoin and gold, with BTC purchases forming part of its strategic reserve policy, first outlined in May 2023.
As global concerns over currency devaluation grow, Ardoino’s remarks underline the long-term relevance of decentralized and tangible assets. Market participants are advised to monitor further updates on Tether’s reserve strategy.
Source: https://x.com/paoloardoino/status/1977373510893699158
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