Tether’s Glittering Gamble
CEO Paolo Ardoino, a man of evident sagacity, confided in Bloomberg that this move is part of a grand strategy to economize and assert independence. “If you have your own vault, eventually, with the size, it gets much cheaper,” he quipped, with a wink to the ledger. With a staggering $159 billion in USDT in circulation, nearly 5% of Tether’s reserves now glimmer in precious metals, mostly gold 💃.







