Tether CEO Predicts Bitcoin & Gold Will Outlast Other Currencies

Paolo Ardoino, CEO of Tether, has asserted that both Bitcoin and gold will surpass other currencies in longevity. This statement reflects Tether’s long-term investment strategy, which focuses on these assets as stable value stores. Ardoino believes these digital and precious assets will weather the volatility of fiat currency, providing a hedge against market fluctuations. 15% of Tether’s net profits will be dedicated to Bitcoin purchases, highlighting this focus on stability. This decision is expected to impact cryptocurrency market dynamics and influence investor confidence in a broader financial landscape.