PANews reported on February 7 that according to Bloomberg, Tether CEO Paolo Ardoino said at the Plan B Forum in El Salvador that Tether has been accepted by "mainstream institutions" and plans to accelerate its investment. Tether currently holds more than $94.5 billion in U.S. debt, with unaudited profits exceeding $13 billion in 2024 and $7 billion in excess reserves. Recently, Tether has invested in the right-wing social media Rumble ($775 million), which has close ties with senior Trump administration officials. In addition, Tether has been involved in non-encrypted investments in agriculture, artificial intelligence, brain-computer interfaces, and other non-encrypted fields in recent years, perhaps to hedge against future market changes. Analysts believe that Tether is gradually expanding its influence and strengthening its position in the global financial system.
Tether CEO: Tether has been accepted by "mainstream institutions" and plans to accelerate investment
- 2025-04-14
Laser Digital denies involvement in $OM crash, says wallet not owned by it
- 2025-04-14
Gate.io's 12th Anniversary Celebration to be Held in Dubai, with 1,000 People at the Summit Focusing on Industry Trends and Cross-border Cooperation
- 2025-04-14
PA Daily | OM flash crash caused RWA sector to fall 44.93%; RFC market value exceeded US$100 million
- 2025-04-14
CoinShares: Net outflow of funds from digital asset investment products was $795 million last week
- 2025-04-14
Gold continues to hit new highs. How to invest in gold in the crypto market?
- 2025-04-14
On Deribit, BTC $100,000 call options account for more than 75% of option activity, followed by $70,000 put options