- Tether has tossed a whopping $5 billion into the U.S. pot, aiming to stir up tech and infrastructure like a good ol’ Southern gumbo.
- USDT is the big cheese in stablecoin transactions, but folks are hollering for a peek behind the curtain—transparency, anyone?
Well, gather ’round, folks! Tether, the mastermind behind the colossal stablecoin USDT, has recently unveiled a strategy that’s bolder than a rooster in a henhouse. They’re pouring a staggering $5 billion into American companies and infrastructure, like a generous uncle at a family reunion.
Over the last two years, Tether has been on a spending spree, channeling its profits into the good ol’ U.S. of A., showing a commitment to domestic innovation that would make even Uncle Sam tip his hat.
Paolo Ardoino on Tether’s plan of action
In a recent ramble on X, CEO Paolo Ardoino laid out these hefty investments, dubbing them part of a “pro-America” strategy. Sounds like a campaign slogan, doesn’t it?
He took to X and proclaimed,
“In the last 2 years, Tether Group has reinvested almost 5 billion USD of its profits within the United States economy and into US-based companies. Some examples: Rumble, Blackrock Neurotech, XXI, and various Bitcoin mining ventures.”
Now, let’s not forget that earlier this year, Tether snagged over 103 million shares of Class A stock in Rumble, shelling out a cool $775 million for the video platform. That’s a lot of popcorn for a front-row seat!
And through its venture arm, Tether Evo, the company has also thrown $200 million into BlackRock Neurotech in 2024, becoming the big cheese in the brain-interface startup. Talk about thinking outside the box!
it’s never a dull moment in the world of finance! 😂💸
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2025-05-29 10:18