Tether Invests $5 Billion in US Businesses and Government Debt

Tether, the issuer of USDT, has invested approximately $5 billion of its earnings into US businesses and government debt in the last two years. CEO Paolo Ardoino stated that these investments demonstrate Tether's commitment to the American economy.

Investments in Technology

Tether invested $775 million in Rumble, acquiring over 103 million Class A shares.
In 2024, it allocated $200 million to BlackRock Neurotech through Tether Evo, becoming the majority owner.
Other investments include Bitcoin mining ventures and companies like XXI.

Bitcoin Mining Ventures

Tether increased its stake in Bitdeer to 21%, positioning itself as a top shareholder.
The company is directing hash power to the OCEAN pool, enhancing its ties to US-based mining operations.

Treasury Holdings

Tether holds over $120 billion in US Treasury bills, ranking as the 19th largest holder of US debt, surpassing Germany and the UAE. These holdings underlie most USDT in circulation, reflecting Tether's influence in the bond market.

New Stablecoin Plans

Tether plans to introduce a new dollar-backed stablecoin for the US market contingent upon federal regulations.
Current USDT will remain active in developing countries while the new token aims to comply with US laws.
Tether continues to lead globally with $153 billion in USDT, though it faces exchange delistings in the US and Europe due to compliance concerns.

Regulatory Challenges

Tether encounters scrutiny regarding reserve transparency and the use of USDT by illicit actors. The firm asserts its cooperation with law enforcement on these matters.