Tether Prepares for 'Apocalyptic Future' with Bitcoin, Gold, and Land
Tether CEO Paolo Ardoino believes that Bitcoin (BTC), gold, and land are essential assets for his company to survive an 'apocalyptic future'. According to him, these tangible assets will help Tether navigate worst-case macro scenarios.
Ardoino stated that Tether treats its holdings as protection against potential instability in the traditional financial system. He emphasized that the company's strategy is not a game, but rather a mature mission to remain stable and survive any catastrophic scenario.
Tether Gold (XAUT), a gold-backed token introduced by Tether in 2020, follows the same hedging logic as its Bitcoin and land holdings, according to Ardoino. He believes that Bitcoin serves as an inflation hedge, while XAUT provides a parallel real-asset strategy through its gold backing.