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Tether CEO Paolo Ardoino announced the company's year-end target! Here are the details.
Tether CEO Paolo Ardoino made striking statements in an interview. Ardoino announced that Tether aims to become the world's largest Bitcoin miner by the end of this year.
Tether CEO: "By the End of the Year, We Will Be the World's Largest Bitcoin Miner"
He also claimed that the company plays an important role not only in the field of crypto assets but also in the expansion of global dollar dominance.
The CEO stated that Tether will achieve a larger profit this year compared to 2024. The company, which reported a profit of 13.7 billion dollars in 2024, is expected to surpass this figure by the end of 2025.
Ardoino, stating that Tether has no plans to go public in the near future, emphasized that the company is satisfied with its current structure and will continue to maintain its independence.
According to the CEO, Tether's next wave of growth will come from the commodity trading sector. Ardoino said, "Almost all major commodity traders are currently communicating with Tether. This area presents a tremendous opportunity for Tether."
Ardoino stated that Tether's stablecoin USDT, which is pegged to the US dollar, has actually quietly expanded the global hegemony of the US dollar, arguing that stablecoins have become a critical tool in this power balance.
Tether's bold steps seem likely to resonate not only in the cryptocurrency markets but also in the global financial architecture.