Tether CEO Ardoino Envisions Gold as Central Bank in Future Economy
Tether's CEO discusses the future role of gold in a post-dollar economy, revealing Tether's significant gold reserves valued at $23 billion.
Tether's CEO, Paolo Ardoino, has articulated a vision where gold could play a pivotal role as a central bank currency in a world beyond the dominance of the U.S. dollar. This perspective aligns with Tether's strategic asset management, particularly its substantial gold holdings.
According to a recent report by Bloomberg, Tether possesses approximately 140 tons of gold, which is valued at around $23 billion. This impressive quantity is securely stored in a nuclear bunker located in Switzerland, highlighting the company's commitment to safeguarding its assets.