Tether CEO Paolo Ardoino Reveals Company's Year-End Target! Here Are the Details

Tether CEO Paolo Ardoino made some 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: “We Will Be the World's Largest Bitcoin Miner by the End of the Year”

He also argued that the company plays a significant role not only in the crypto assets space but also in the expansion of global dollar dominance.

The CEO stated that Tether will make a bigger profit this year compared to 2024. The company, which announced a profit of $13.7 billion in 2024, is expected to surpass this figure by the end of 2025.

Ardoino said that Tether has no plans to go public in the near future, emphasizing that the company is satisfied with the current structure and will continue to maintain its independence.

According to the CEO, Tethers next wave of growth will come from the commodities trading sector. “Almost all major commodities traders are currently engaging with Tether. This space presents a tremendous opportunity for Tether,” Ardoino said.

Stating that Tether's stablecoin USDT, which is pegged to the US dollar, is actually silently expanding the global hegemony of the US dollar, Ardoino argued that stablecoins have become a critical tool in this balance of power.

These ambitious steps by Tether seem to have repercussions not only in the cryptocurrency markets but also in the global financial architecture.

*This is not investment advice.