Tether Invests $5 Billion in US Companies, Positions Itself as Pro-US

Tether, the issuer of the stablecoin USDT, has invested approximately $5 billion of its profits in US-based companies over the past two years, according to CEO Paolo Ardoino. This investment highlights Tether’s commitment to American businesses and its role in the US economy. 💰 Ardoino disclosed these investments on X, emphasizing their contribution to the American market. The company has invested in ventures like Rumble (video-sharing platform) and Blackrock Neurotech (brain-to-interface company). Tether also boasts a significant stake in several Bitcoin mining companies in the US. ⛏️ Its latest investment in Bitdeer increased its share to 21%, making it one of the major shareholders in the Ocean mining pool. 💻