Tether to Allocate 10-15% of Portfolio to Gold

Tether, the issuer of the largest stablecoin USDT, plans to allocate 10–15% of its portfolio to gold, according to CEO Paolo Ardoino. This strategic move aims to diversify Tether’s reserves, which currently include cash, cash equivalents, and other assets. The decision reflects a growing trend among financial institutions to incorporate gold as a hedge against market volatility and inflation.