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. In addition to trading cryptocurrencies, an estimated 138 million people access USDT through various 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, Washington is the center of attention as a significant market structure bill prepares for a congressional hearing next month, potentially transforming U.S. crypto regulation.
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