Tether Aims to Increase Gold Share in Reserves to 15%

Strategic Reserve Shift Tether, the world's largest stablecoin issuer, has decided to implement a significant change in its investment strategy by increasing the weight of gold in its portfolio.
The company announced plans to allocate between 10% and 15% of its total assets to gold.
This move indicates that the company's gold investments could potentially surpass its current Bitcoin reserves.
Balancing Bitcoin and Gold Tether CEO Paolo Ardoino stated that holding approximately 10% of the portfolio in Bitcoin and 10% to 15% in gold is a reasonable approach.
Ardoino's comments come at a time when gold prices have reached record levels in global markets and Bitcoin remains behind gold in terms of total market capitalization.
Goal of Economic Resilience As the issuer of USDT, the world's largest dollar-pegged stablecoin by market value, and the gold-backed XAUT, Tether continues to back its reserves with physical assets.
With this new asset allocation strategy, the company aims to create a structure more resilient to global economic fluctuations and to reinforce investor confidence.