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Tether CEO says Bitcoin and gold hedge against doom

Tether CEO says Bitcoin and gold hedge against doom

Paolo Ardoino, chief executive of the USDT issuer, described the two assets as protection against severe market or economic risks.

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Fact Check
Ardoino's own verified-style X account (@paoloardoino) posted the exact statement 'Bitcoin + Gold = hedge against doom' on 2026-08-20 at 10:44 UTC, the earliest post in the timeline. Numerous aggregators including Watcher.Guru, Kalshi Crypto, and MarketNewsFeed reproduced the quote attributing it to the Tether CEO. The paraphrase in the claim (describing the two assets as protection against severe market/economic risks) accurately reflects Ardoino's statement.
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Summary

Tether CEO Paolo Ardoino said, "Bitcoin + Gold = hedge against doom," presenting Bitcoin and gold as a combined hedge against severe downside risks.

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