Paolo Ardoino, Tether’s CTO, emphasized the company’s commitment to long-term investment in Bitcoin and gold reserves, with Tether allocating up to 15% of profits towards them. The CEO recently shared his perspective on X (formerly Twitter), stating that both assets are likely to endure beyond traditional currencies. Ardoino’s stance reflects Tether’s strategy of using Bitcoin and gold as hedges against market volatility. Tether’s reserves include $8.7 billion in gold, highlighting the company’s commitment to these assets. This approach influences investor confidence and potentially affects the broader cryptocurrency landscape. 8.7 Billion dollars in Gold make up a significant portion of Tether’s reserves, impacting market sentiment for both Bitcoin and gold.