Tether, the company behind the world’s largest stablecoin USDT, just made waves at the Bitcoin 2025 event. Tether’s CEO, Paolo Ardoino, stated that the company now has more than 100,000 Bitcoin and 50 tons of gold, increasing the variety and strength of its reserves.
In 2024, Tether achieved a massive profit of $13 billion. The company’s holdings of $120 billion in U.S. Treasury Bills make it one of the biggest owners of short-term government debt in the country. The large reserves are what support the USDT stablecoin which is used by more than 420 million people globally.
The company’s strategy is clear—diversify. With more than $6.8 billion in Bitcoin, Tether ranks among the top corporate BTC holders. Its gold stash is also turning heads, especially as many traditional investors shift from gold to Bitcoin.
USDT is now involved in 62% of all spot trading on centralized exchanges. Tether is used not only for trading cryptocurrencies, but an estimated 138 million people access USDT through other platforms.
Ardoino’s speech showed that Tether considers itself a major force in the world of finance, not just a stablecoin issuer. The company’s reserves are now as big as those at major banks and funds, proving that it trusts digital and traditional assets.
Meanwhile, all eyes are on Washington as a key market structure bill heads to a congressional hearing next month, potentially reshaping U.S. crypto regulation.
Also Read: Bitcoin Scores Big! Paris Saint-Germain Makes History with BTC Bu
