Tether Bolsters Reserves with Expanded Bitcoin & Gold Holdings

Tether is reinforcing its financial stability by increasing allocations to Bitcoin and gold, aiming for long-term growth and resilience. The company recently allocated 15% of profits towards Bitcoin purchases and has increased its backing of XAUt, a gold-backed token, to over 7.66 tons. CEO Paolo Ardoino emphasizes the importance of these assets as hedges against inflation and market uncertainty. This strategy diversifies Tether’s holdings beyond traditional financial instruments.