Tether CEO Paolo Ardoino has resisted speculation that the world’s largest stablecoin issuer is selling Bitcoin (BTC) to accumulate gold. According to Ardoino, these claims are false, with the crypto executive reaffirming Tether’s long-term bullish stance on BTC. Tether’s Hybrid Reserve Model Counters Bearish Rumors The rumors began after Clive Thompson, an independent analyst, claimed that Tether’s Bitcoin holdings had declined between the first and second quarter of 2025. The analyst cited attestations from the accounting firm BDO
source: https://beincrypto.com/tether-ceo-paolo-ardoino-bitcoin-gold/