<ul><li>Tether disclosed earning around $13 billion in profit in 2024, making it one of the most profitable companies in the crypto sector primarily from interest income on reserves backing USDT.</li><li>Ardoino clarified Tether's position on gold holdings, stating that gold isn't competing with Bitcoin but with fiat currencies. He emphasized Tether's belief in Bitcoin as the superior asset over gold.</li><li>Tether maintains a significant amount of Bitcoin reserves while incorporating gold as a pragmatic hedge to diversify its holdings, thus showing its commitment to Bitcoin as the future.</li><li>Ardoino summed up Tether's strategy by stating that Bitcoin is the future while gold serves as a bridge to the present, aligning with the company's stance on a diversified reserve strategy.</li></ul>

Tether Reveals $10B in Bitcoin, $13B Profit, and Gold Reserves

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