Tether, which posted $5.7B in first-half profits, is in talks to invest in gold mining across the supply chain. CEO Paolo Ardoino calls gold “natural bitcoin,” underscoring the stablecoin giant’s push to diversify beyond digital assets.

Tether, which posted $5.7B in first-half profits, is in talks to invest in gold mining across the supply chain. CEO Paolo Ardoino calls gold “natural bitcoin,” underscoring the stablecoin giant’s push to diversify beyond digital assets.

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Tether CEO Paolo Ardoino blasts S&P’s “weak” rating for USDT, accusing the agency of defending a broken TradFi system and insisting Tether is overcapitalized and unfairly judged for holding Bitcoin and other nontraditional reserves.

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