The recent debate surrounding Tether’s reserve structure has been reignited by allegations that the company holds significant amounts of gold and Bitcoin, and that a sharp decline in these assets could weaken USDT’s 1:1 collateral balance. While these comments were spreading especially on social media, Tether CEO Paolo Ardoino broke his silence and made a detailed statement. Citing the Q3 2025 verification report, Ardoino argued that Tether had accumulated not only reserves but also very strong group equity. He noted that the company had approximately $7 billion in excess equity as of the end of the quarter, exceeding its $184.5 billion stablecoin reserves. He also noted that the Tether Group had approximately $23 billion in retained earnings. Related News: Watch Out: Large Token Unlocking Events in 15 Altcoins This Week - Here's the Day-by-Day, Hour-by-Hour List Aggregating this data, Ardoino said Tether Group's total assets are approximately $215 billion, while its stablecoin liabilities are $184.5 billion. The biggest mistake some analysts and social media commentators are making, according to the CEO, is failing to account for this additional group equity and the roughly $500 million in underlying profits Tether generates each month from US bonds alone. Ardoino stated that even the international credit rating agency S&P made a similar mistake, and that some of the claims spreading on social media were not due to a “mathematical error” but rather to “competitive motivations.” *This is not investment advice. Continue Reading: CEO Releases Statement in Response to Newly Emerged Tether (USDT) FUD
