Tether CEO Paolo Ardoino issued an unconventional message this Tuesday, writing, “Bitcoin, gold and land are hedges in dark times.” This harsh statement brings weight not only because who said it, but because the background in the global market may now be called bright.
Fresh US data shows that jobs in March 2025 were revised with 911,000 jobs. This is a major mistake that shapes the outlook for monetary policy.
At the same time, the Federal Reserve has been forced to choose to cut interest rates of 0.25% or 0.5% next Wednesday, highlighting how controversial the economy is at the end of the year.
Bitcoin, gold and land are hedges against the dark ages of incoming calls.
– Paul Ardino Part (@Paolo Ladder) September 9, 2025
In that context, Aldoino’s reference to “dark times” reflects the same pressure points that policymakers deal with.
How about the tether?
But judging from the Ardoino playbook, the tethers are very well prepared. As of June 30, 2025, the company reported assets of $1625.7 billion. It held $100.5 billion in the US Treasury, but it owns $8.72 billion in precious metals and $8.93 billion in Bitcoin.
Thus, the tether itself shifted its share backed by assets considered hedges rather than pure cash.
Importantly, Aldoino frams Bitcoin not as a speculative game, but as part of the same safety basket that traditionally includes gold and land. In a market that searches for directions, it shows how Crypto is becoming a defensive strategy.
