Paolo Ardoino's Golden Strategy: How Tether Accumulates Gold Reserves

Tether is making a significant strategic move in the physical gold market, led by CEO Paolo Ardoino. The stablecoin company, aware of the geopolitical importance of gold, has announced ambitious plans to expand its gold reserve exposure in the coming months.

According to Paolo Ardoino, the global geopolitical landscape is pushing Tether to view gold as a strategic diversification element. With potential rivals to the United States developing gold-backed alternatives to the dollar, Tether’s role in the gold market is expected to grow further. Ardoino revealed in an interview with Bloomberg that the company will reinvest the substantial profits generated directly into assets linked to the precious metal.

Aggressive Gold Acquisition: Numbers and Timelines

Paolo Ardoino confirmed that Tether is implementing a weekly purchase program of 1-2 tons of gold, intending to maintain this pace in the coming months. Currently, Tether holds nearly 140 tons of gold, stored in a sophisticated nuclear bunker built during the Cold War in Switzerland. This deposit represents one of the largest accumulations of gold in the world, excluding central banks, ETFs, and traditional banking institutions.

The impact of recent increases in gold and other precious metal prices has been significant for Tether’s finances. The total value of the company’s gold reserves has exceeded $23.3 billion, highlighting the extent of its exposure to the precious metal market.

Trading and Arbitrage Strategies: Paolo Ardoino’s Vision

Paolo Ardoino emphasized that Tether is adopting a much more active gold trading approach than in the past. The company is carefully evaluating the market environment and related trading strategies, planning to seize arbitrage opportunities through more dynamic trading operations.

A concrete sign of this new direction was the recent hiring of two experienced traders specialized in the gold market. These professionals, who gained experience at HSBC, will lead Tether’s advancement in the physical gold sector. The decision to recruit such high-caliber talent from the traditional financial sector indicates the company’s serious commitment to transforming its gold reserves into a more sophisticated and profitable trading operation.

Paolo Ardoino’s strategy represents a significant evolution for Tether, transforming the company from a simple reserve holder into a conscious commercial operator in the global gold market.