Tether CEO: Tether has been accepted by "mainstream institutions" and plans to accelerate investment

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.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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