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Tether CEO Snubs IPO, Says $515B Valuation Is ’a Bit Bearish’

Summary by Bitcoinist
In an interview with crypto news outlet The Block, Paolo Ardoino, CEO of Tether, spoke about the company’s plans to become the largest Bitcoin miner in 2025. Tether has been one of the most profitable companies in the industry over the past years, and a lot of these resources have been used to improve its mining capabilities. Tether To Dominate the Bitcoin Mining Industry? According to Ardoino, the USDT stablecoin issuer has been trying to diver…

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President Bukele highlighted the confirmation of the CEO. EL SALVADOR.- The Tether Tower for El Salvador is in the design phase, as confirmed by Tether CEO Paolo Ardoino, through platform X. “Reviewing the first design release for the Tether Tower for El Salvador,” he explained. https://t.co/ownwRnzEmp— Nayib Bukele (@nayibbukele) June 26, 2025 In a statement on January 13, Tether said he had acquired a license to operate in El Salvador as a pro…

Will the crypto replace the banks for the IA? The radical hypothesis of Tether is clear. The details in this article! The article Tether anticipates an automonous IA economy based on Bitcoin and USDT appeared first on Cointribune.

Tether, previously known as the dominant stablecoin issuer, is seeking a surprising change of power in the Bitcoin ecosystem. CEO Paolo Ardoino announces billions of investments to make Tether the world's largest BTC miner. Source: BTC-ECHO BTC-ECHO

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Bitcoinist broke the news in on Wednesday, June 25, 2025.
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