Tether’s 2-Year, $5 Billion Investment Blitz Fuels US Companies: CEO
Tether has invested approximately $5 billion into US businesses and government debt over the past two years, emphasizing its commitment to the American economy. Investments include $775 million in Rumble and $200 million in BlackRock Neurotech, making Tether a majority owner of the latter. Tether has also increased its stake in Bitdeer to 21% and is directing hash power to the OCEAN pool, enhancing its involvement in Bitcoin mining. The company holds over $120 billion in US Treasury bills, ranking as the 19th-largest holder of US debt. Tether plans to introduce a new dollar-backed coin for the US market once federal regulations are established, while USDT remains active in developing nations. Tether faces challenges regarding transparency and scrutiny over USDT's use by illicit actors but maintains cooperation with law enforcement.
