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Tether CEO Says “We Will Be the Largest Bitcoin Miner by the End of 2025”

  • Tether, the issuer of USDT, plans to become the largest Bitcoin miner globally by the end of 2025 to protect its BTC reserves amid regulatory challenges.
  • The newly passed GENIUS Act in the U.S. is pressuring Tether to comply with regulations or consider exiting the market by introducing a U.S.-based stablecoin.
  • CEO Paolo Ardoino revealed Tether's substantial investments in Bitcoin mining and other sectors to safeguard its balance sheet and mitigate risks.
  • Tether faces strategic decisions regarding compliance with regulatory demands under the GENIUS Act or potentially withdrawing from the U.S. market while competitors await opportunities.

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