Tether CEO Paolo Ardoino revealed a strategy to transform the stablecoin issuer into a diversified financial powerhouse by accumulating large reserves of Bitcoin and physical gold. The company has been purchasing 1-2 tons of gold weekly, amassing about 140 tons valued at $23-24 billion, and holds roughly 83,000 to 100,000 BTC worth over $8 billion. These hard assets make up 20-25% of Tether's portfolio, funded by profits rather than new stablecoin issuance. This approach positions Tether as a key player in global finance, with its stablecoin circulating $186 billion and serving as a digital dollar in emerging markets. The move also enhances Tether's credibility with institutional investors and creates ongoing buying pressure in Bitcoin markets.
Bitcoin remains stuck below $80,000 following stronger-than-expected US payroll data that revived fears of a Federal Reserve rate hike. Despite a sharp drop and liquidations, market expectations for a Fed hike remain steady, with the upcoming CPI rep...
Tether, the issuer of the world's largest stablecoin USDT, now holds over $122 billion in US Treasury bills, making it one of the top buyers of American government debt. With USDT's market cap around $185 billion, Tether allocates about 83% of its re...
Tether reported a net operating profit of $1.3 billion in Q2 2026, driven by its USDT stablecoin. The company holds $5.2 billion in excess reserves beyond what is needed to back USDT tokens, primarily invested in short-term U.S. Treasury bonds that g...
Tron has overtaken Ethereum as the leading network for USDT stablecoin, with its USDT supply reaching $94.27 billion after a $4 billion increase in the past month. Tron now hosts more than half of the global USDT circulation, driven by lower transact...
USDT0, a Tether-backed stablecoin, launched on the Stellar blockchain on September 2, 2026, using LayerZero's interoperability standard to enable seamless cross-chain transfers and unified liquidity access. This launch connects Stellar to a broader U...
