Tether is shifting its focus towards emerging markets like Latin America, Asia, and Africa. This strategy contrasts with the company’s cautious approach to expansion within the United States despite a generally favorable regulatory environment for cryptocurrency in the US. 💰 Tether attributes its growing investment in these regions to the limited financial infrastructure available, aligning with their core mission of serving underserved populations. 🌎 Tether reports a profit of $13 billion, which will be used to fuel expansion in these markets. This focus on emerging markets comes amid stricter regulatory scrutiny for stablecoins in the US. Tether’s CEO Paolo Ardoino has ambitious plans to position Tether as the world’s largest Bitcoin miner by year-end. His bold statement reveals a clear ambition within the crypto space.