# Tether Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Tether", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Tether to Open-Source Bitcoin Mining Software in 2026

Tether plans to launch open-source Bitcoin mining software in 2026, marking its entry into blockchain infrastructure. The initiative aims to promote transparency, decentralization, and efficiency in Bitcoin mining by allowing developers and miners to audit, modify, and use the software freely. This move could reduce the dominance of large mining pools, encourage broader participation, and enhance network security. Tether’s strategy reflects a shift among major crypto firms toward infrastructure development, aligning with Bitcoin’s original vision of a decentralized and accessible ecosystem.

TheNewsCrypto02/03 06:49

Tether to Open-Source Bitcoin Mining Software in 2026

TheNewsCrypto02/03 06:49

What Are the Most Profitable CEOs in the Crypto World Doing Right Now?

Tether CEO Paolo Ardoino is actively expanding the company’s influence through regulatory compliance, new product launches, and strategic investments. Tether recently introduced USAT, its first fully U.S.-regulated stablecoin, aiming to compete with Circle’s USDC. Ardoino emphasizes Tether’s collaboration with U.S. authorities, including the FBI and Secret Service, to enhance transparency and combat illicit activities. He highlights Tether’s role in financial inclusion, serving over 536 million users, many in economically unstable regions. Despite past controversies and criticisms, Tether has demonstrated resilience, handling massive redemptions during market crises. Beyond stablecoins, Tether is investing heavily in gold-backed assets, AI, and various sectors, positioning itself as a diversified, stability-focused entity with global impact.

比推02/02 15:00

What Are the Most Profitable CEOs in the Crypto World Doing Right Now?

比推02/02 15:00

What Are the Most Profitable CEOs in Crypto Doing Right Now?

Amid a wave of new stablecoin launches, Tether CEO Paolo Ardoino is leading a strategic shift toward regulatory compliance and mainstream legitimacy. The company recently introduced USAT, its first fully U.S.-regulated stablecoin, directly competing with Circle’s USDC. This marks a departure from Tether’s controversial past, during which it faced allegations of opacity and facilitating illicit activities. Ardoino emphasizes Tether’s collaboration with U.S. agencies like the FBI and Secret Service, highlighting its ability to freeze illicit transactions—$3.5 billion has been frozen to date. He defends Tether’s record, noting its resilience during crises like the TerraLuna collapse and its rapid processing of massive redemptions. With over $300 billion in excess reserves and a user base of 536 million—growing by 30 million per quarter—Tether’s influence is substantial. Ardoino positions the company not just as a stablecoin issuer but as a broader force for financial inclusion, especially in economies with hyperinflation. Beyond stablecoins, Tether is expanding into gold-backed tokens, holding roughly 140 tons of gold, and investing heavily in AI, robotics, and infrastructure. Its decentralized AI platform, Qvac, aims to serve underserved populations. Ardoino envisions Tether as a stability-focused entity, akin to a sovereign wealth fund, built to endure political and economic shifts.

marsbit02/02 12:23

What Are the Most Profitable CEOs in Crypto Doing Right Now?

marsbit02/02 12:23

Tether's 'Gold Standard' Ambition: Deconstructing XAUt, How the Stablecoin Giant is Hoarding Gold?

Tether, the company behind the dominant stablecoin USDT, is rapidly becoming a major global buyer of physical gold, with holdings of approximately 140 metric tons valued at around $23 billion. A significant portion of this, over 70 tons, was acquired last year alone to back its gold-backed stablecoin, XAUt. Each XAUt token represents ownership of one troy ounce of LBMA-standard gold, stored in a high-security Swiss vault. The on-chain token facilitates the transfer of ownership of the underlying physical asset. The operation is run by TG Commodities, a Salvadoran entity fully owned by Tether, which is authorized by El Salvador's national digital asset regulator. Tether's CEO has stated the company aims to allocate 10-15% of its portfolio to gold, purchasing an estimated one to two tons per week. With robust profits, this could potentially double its current XAUt reserves. This scale of purchasing has positioned Tether as a significant "marginal buyer" in the gold market, comparable to central banks. While other gold-backed tokens like PAXG and DGX exist, Tether's massive accumulation introduces a new dynamic. The product aims to make gold more divisible and transferable, but it also intertwines the stability of physical gold with the volatility of the crypto market, raising questions about the long-term implications of this new asset class.

marsbit02/02 12:03

Tether's 'Gold Standard' Ambition: Deconstructing XAUt, How the Stablecoin Giant is Hoarding Gold?

marsbit02/02 12:03

The Watershed of Gold Certificates: The Collapse of Jierui and the Fundamental Differences with Tether

A significant divergence in the model of gold-backed platforms is highlighted by the collapse of Jierui in China and the expansion of Tether’s gold-backed stablecoin, XAUT. In late January, Jierui, a Shenzhen-based gold trading platform, failed amid a liquidity crisis. Users faced severe withdrawal restrictions, with many unable to access funds despite holding substantial gold and cash balances. The platform offered unfavorable settlement terms, exposing a classic model of unregulated financial risk. Jierui’s core flaw was its use of high-leverage “pre-set price” trading, where users bet on gold price movements against the platform—effectively an unhedged options market. When gold prices rose sharply in 2025–2026, the platform faced unsustainable liabilities, triggering a collapse. In contrast, Tether Gold (XAUT) operates on a fully reserved, 1:1 model—each token represents one ounce of physical gold, held in reserve. With over 140 tons of gold, Tether has become one of the world’s top gold holders. Its transparent, asset-backed approach has allowed it to thrive amid gold price appreciation, with its gold reserves gaining over $5 billion in value. Tether is further expanding its gold acquisitions and leveraging market opportunities through professional trading. While Jierui’s failure underscores the risks of opaque, leveraged structures, Tether’s growth demonstrates how digitized, verifiable gold assets can serve as a resilient store of value—especially in an era of geopolitical and financial uncertainty.

比推01/30 07:16

The Watershed of Gold Certificates: The Collapse of Jierui and the Fundamental Differences with Tether

比推01/30 07:16

Profit Per Capita of $90 Million: The Largest Private Buyer of Gold on Earth

Tether, the company behind the world's largest stablecoin USDT, has become the largest private holder of gold globally, with approximately 140 tons valued at around $24 billion—surpassing the gold holdings of several national banks. With a business model that profits from U.S. Treasury investments, Tether reported over $13 billion in net profit in 2024 and is on track to reach $15 billion in 2025. The company is aggressively purchasing gold, spending about $1 billion monthly, storing it in a repurposed nuclear bunker in Switzerland. Tether has also hired top gold traders from institutions like HSBC to build its trading platform and gain market leverage. Beyond physical gold, Tether has invested in gold royalty companies and issues a gold-backed token, XAUT, which accounts for 60% of the gold token market. CEO Paolo Ardoino views gold as a safer store of value than fiat currencies, especially amid global monetary instability and dollar volatility. Tether’s strategy reflects a broader trend of diversifying away from traditional financial systems and preparing for potential currency crises.

marsbit01/30 05:34

Profit Per Capita of $90 Million: The Largest Private Buyer of Gold on Earth

marsbit01/30 05:34

Why is STABLE’s price up today? Tether’s USAT, network upgrade & more

STABLE, the native token of Tether-backed StableChain, surged nearly 50% in 24 hours, largely driven by the announcement of Tether’s USAT and a scheduled network upgrade on February 4th. Trading volume spiked 250% during the rally. However, most gains were erased due to a broader market pullback following the FOMC meeting and profit-taking. Futures data showed aggressive selling on exchanges like Bybit and OKX. If key support at $0.02 holds, STABLE may retest $0.032; otherwise, it could decline further. Market attention now turns to the upcoming upgrade for potential bullish momentum.

ambcrypto01/29 17:02

Why is STABLE’s price up today? Tether’s USAT, network upgrade & more

ambcrypto01/29 17:02

Is Tether Abandoning Bitcoin For Gold? $1 Billion Monthly Buys Boost Reserves

Tether CEO Paolo Ardoino has announced the company is significantly increasing its gold purchases, buying about 1-2 tons per week, equivalent to roughly $1 billion monthly. This has led to speculation that Tether is moving away from Bitcoin, but the company confirms it is not abandoning its BTC strategy. Tether plans to maintain a portfolio allocation of approximately 10% to Bitcoin and 10-15% to gold. It currently holds 96,370 BTC ($8.46B) and approximately 140 tons of gold, making it a top global gold holder. The long-term goal is to become a major player in gold trading, competing with banks, while maintaining its substantial Bitcoin reserves.

bitcoinist01/29 16:32

Is Tether Abandoning Bitcoin For Gold? $1 Billion Monthly Buys Boost Reserves

bitcoinist01/29 16:32

Tether’s Endgame? Ardoino Says It’ll Become A ‘Gold Central Bank’

Tether is expanding its physical gold reserves on a massive scale, with CEO Paolo Ardoino positioning the company as a future "gold central bank." The stablecoin issuer is purchasing over a ton of bullion weekly, storing it in Swiss vaults, and building one of the largest known gold stashes outside of banks and sovereign nations. This strategy is fueled by profits from its $186 billion USDT stablecoin. Tether has hired senior gold traders and is actively trading to exploit market inefficiencies, while remaining "very long physical gold." Ardoino links this move to global economic turmoil and currency debasement, seeing strong demand from users seeking protection. The company's gold-backed token, XAUT, representing ~16 tons of gold, could reach $5-$10 billion in circulation by year-end, as Tether operates on a sovereign-like scale.

bitcoinist01/29 08:03

Tether’s Endgame? Ardoino Says It’ll Become A ‘Gold Central Bank’

bitcoinist01/29 08:03

Net Profit of 15 Billion, Hoarding 140 Tons of Gold: How Did a Private Company Build Central Bank-Level Reserves?

In its 2025 fiscal year, Tether achieved a record-breaking net profit of $15 billion, largely driven by strategic investments in U.S. Treasury bonds, Bitcoin, and gold. The company increased its gold reserves to 140 metric tons, positioning itself among the top 30 global holders—surpassing several sovereign nations. Tether’s CEO, Paolo Ardoino, framed the company as a "digital Noah’s ark," designed to withstand potential systemic financial crises. Beyond financial assets, Tether is investing in robotics, satellite communications, and agricultural land to build resilient infrastructure. The company also launched USAT, a federally compliant stablecoin under the GENIUS Act, issued through Anchorage Digital Bank and backed by Cantor Fitzgerald. This move signals Tether’s strategic expansion into the U.S. regulated market, challenging competitors like Circle (USDC) and reinforcing its dual-track strategy with both offshore and onshore stablecoin offerings.

比推01/28 13:05

Net Profit of 15 Billion, Hoarding 140 Tons of Gold: How Did a Private Company Build Central Bank-Level Reserves?