Bitcoin News Today: Tether CEO Backs Bitcoin as Digital Economy Pillar Amid $4.9B Q2 Profit and $127B Treasury Holdings

Tether CEO Paolo Ardoino recently emphasized Bitcoin’s role as a symbol of certainty in the evolving digital economy, describing the asset as "all about determinism" [1]. His remarks highlight a growing confidence in Bitcoin’s reliability as a store of value and its potential to serve as a foundational pillar in global finance [2]. The comments come amid a broader trend in the crypto industry where major players are aligning their strategies around Bitcoin, reinforcing its status as the most significant cryptocurrency by market capitalization.

Ardoino’s endorsement of Bitcoin coincides with Tether’s continued expansion in traditional financial assets. As of July 31, Tether’s financial report showed that the company holds US Treasury bonds amounting to $127 billion, including $105.5 billion held directly and $21.3 billion held indirectly—an increase of about $8 billion from the first quarter. The company also reported a net profit of $4.9 billion in the second quarter, with a total profit of $5.7 billion in the first half of 2025 [1].

In addition to Tether’s growing treasury presence, the company has also accumulated a significant amount of Bitcoin. According to Arkham data, Tether currently holds 77,901 bitcoins, valued at approximately $9.47 billion [1]. This ownership suggests that Tether may be strategically positioning itself within the Bitcoin ecosystem, potentially reinforcing its role as a bridge between stablecoins and digital assets.

Ardoino’s public statements reflect a broader narrative in the crypto space that Bitcoin is becoming more institutionalized and widely accepted. His remarks reinforce the idea that Bitcoin is not just a speculative asset but a reliable and stable one. By aligning with Bitcoin, Tether may be signaling to investors and regulators that it supports a digital economy where Bitcoin plays a central role [2].

The timing of these comments is significant, as the crypto market continues to mature with clearer regulatory frameworks and a shift toward long-term investment. In this evolving landscape, Tether’s CEO is promoting a vision in which Bitcoin is a cornerstone of the digital economy. This could also enhance the perception of Tether’s USDT stablecoin as a complementary tool to Bitcoin in areas such as cross-border payments and financial inclusion [1].

Ardoino’s statements suggest that Tether is not shifting its entire business model toward Bitcoin but rather recognizing the asset’s growing legitimacy in traditional finance. As more financial institutions explore ways to integrate Bitcoin into their portfolios, Tether’s public support may serve as a validation of its long-term viability.

Source:

[1] Tether CEO Highlights Bitcoin's Stability (https://www.theblockbeats.info/en/flash/306836)

[2] Binance Alpha to Launch SatLayer (SLAY) Listing (https://m.economictimes.com/crypto-news-today-live-11-aug-2025/liveblog/123223005.cms)