tl;dr
Tether CEO Paolo Ardoino announced a 2025 strategy aiming to exceed last year’s $13.7 billion profit, expand global USDT adoption, and become the largest Bitcoin miner. Tether plans to comply fully with the proposed GENIUS Act or launch a compliant stablecoin, holding over $125 billion in U.S. Treas...
Tether CEO Paolo Ardoino has unveiled an ambitious 2025 strategy focused on surpassing last year’s $13.7 billion profit, expanding global USDT adoption, and making a push to become the world’s largest Bitcoin miner. In a Bankless podcast, Ardoino emphasized Tether’s commitment to growing its financial infrastructure internationally, while bolstering the U.S. dollar’s dominance through its substantial U.S. Treasury holdings.
Addressing U.S. regulatory challenges, Ardoino confirmed Tether’s intention to fully comply with the proposed GENIUS Act, which sets new standards for stablecoin issuers. Tether plans to either demonstrate that its current operations meet U.S. standards or launch a new compliant stablecoin, preparing to satisfy all reserve, disclosure, and anti-money laundering requirements. Currently, Tether holds over $125 billion in U.S. Treasuries and $6 billion in excess reserves, with total equity reaching $176 billion.
Beyond stablecoins, Tether aims to enter commodity trading to facilitate cross-border payments using USDT, addressing inefficiencies in traditional banking systems. The company is also investing in artificial intelligence, peer-to-peer infrastructure, and decentralized wallets, having committed over $5 billion to U.S.-based ventures across renewable energy, telecom, and AI platforms. With a user base of 450 million wallets growing by 30 million quarterly, Tether maintains a strong presence in Latin America, Africa, and Asia.
In a significant expansion move, Ardoino revealed plans to become the largest Bitcoin miner worldwide by the end of the year. Mining operations are underway across South America and the U.S., supporting Tether’s goal of enhancing network security in line with its holdings of more than 100,000 BTC.