Tether CEO Sees Bitcoin and Gold as Hedges Against Fiat Currency Debasement
Tether CEO Paolo Ardoino said in a post on X on Sunday that “Bitcoin and Gold will outlast any other currency,” a minimalist line that aligns with how the stablecoin issuer has positioned parts of its reserves over the past two years. On May 17, 2023, Tether said it would regularly allocate up to 15%…