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Paolo Ardoino stories

Jun 27, 2026

Tether and Ledn to Launch Gold-Backed Lending Service

Tether CEO Paolo Ardoino announced the company will partner with Ledn to offer gold-backed loans later this year, extending utility of Tether's $23 billion gold stockpile beyond reserves.

Jun 27, 2026·1 source
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Apr 15, 2026

Tether Adds $70 Million in Bitcoin to Reserves, Holdings Exceed 97,000 BTC

Stablecoin issuer Tether transferred approximately $70 million in Bitcoin to its reserve wallet, bringing total holdings above 97,000 BTC worth over $7.1 billion as part of its strategy to allocate up to 15% of profits into Bitcoin.

Apr 15, 2026·3 sources
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Top claims

  • ▪The new gold-backed loan service mirrors Ledn's established model for bitcoin-backed loans.
  • ▪Tether has been reshaping itself into a technology group with divisions in finance, energy, and AI.
  • ▪Tether is utilizing its $23 billion gold reserve by making its Tether Gold (XAUT) token available for lending on Ledn's platform.

Topics

DeFi lendingCommodities, energy & critical mineralsTokenizationStablecoinsInstitutional crypto adoptionBitcoin
Strategic Bitcoin reserves

Related entities

BitcoinUSDT

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