Tether's Expansion Plans:💥💥🔥🔥💥💥
Workforce Expansion: The company anticipates hiring 150 new employees over the next 18 months, thus the total staff count will reach 450 employees. At present, the company has about 300 employees and is mostly recruiting engineers.Global Hiring: Tether is also offering jobs for non, engineering positions, such as AI filmmakers in Italy, venture associates in the UAE, and regulatory specialists in Ghana and Brazil.Investments and Growth
Strong Growth in USDT Adoption: The stablecoin's market cap has increased to approximately $185 billion from about $140 billion the previous year.Diverse Investments:Tether has invested across various sectors, including:
Sports: Italian football club Juventus Agriculture: South American agriculture Technology: Robotics, satellites, and AI Media: custodial crypto walletMetals Exposure:
Tether has increased its metals exposure with one of the experts a $150 million investment and $100 million investment in Anchorage Digital.
Competition: Tether is gradually losing the competition to such rivals as Circle which went public last year.
Regulatory Scrutiny: Tether is looking for regulatory mandates in locations other than the U.S., among them Abu Dhabi Global Market, and is also enhancing connections with U.S., regulated crypto infrastructure.
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