Artificial Intelligence

Northern

Billion

<p>The post <a href="https://coinpedia.org/news/tether-holdings-to-invest-over-1-billion-in-deals/" rel="noopener noreferrer nofollow">Tether Holdings to Invest Over $1 Billion in Deals&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Tether Holdings, the issuer of the world’s largest stablecoin, USDT, with a market cap of $112,494,993,104, plans to invest over $ 1 billion in various deals over the next few years. This bold move underscores Tether’s growing financial power and ambition to expand its influence beyond stablecoins.</p>
<h2 class="wp-block-heading" id="h-tether-s-ambitious-investment-strategy-nbsp">Tether’s Ambitious Investment Strategy&nbsp;</h2>
<p>Tether Investments, the investment arm of Tether Holdings, is gearing up for a busy year. CEO Paolo Ardoino revealed recently in an interview that the company have a special team to evaluate pitches. They analyse hundreds of pitches, mostly from startups, every month. The company’s focus areas include financial infrastructure, Artificial Intelligence and biotechnology.&nbsp;</p>
<h2 class="wp-block-heading" id="h-tether-s-increased-focus-on-emerging-tech-nbsp">Tether’s Increased Focus on Emerging Tech&nbsp;</h2>
<p>Over the past two years, Tether has already invested around $2 billion in its focus sectors. Notably, they have backed AI projects like data-centre operator Northern Data Group. Arduino emphasised that their goal was to invest in technology that reduces reliance on traditional finance and big tech companies.</p>
<h2 class="wp-block-heading" id="h-tether-leveraging-profits-for-expansion-nbsp">Tether Leveraging Profits for Expansion&nbsp;</h2>
<p>&nbsp;Tether’s investment strategy is fuelled by its substantial profit. In the first quarter alone, Tether reported a profit of $4.5 billion. As per a source, the company plans to continue keeping 100% of its revenue, plus a 6% cushion, ensuring smooth USDT redemptions. The remaining profits will be directed towards new investments.</p>
<h2 class="wp-block-heading" id="h-tether-regulatory-and-market-context-nbsp">Tether Regulatory and Market Context&nbsp;</h2>
<p>Despite facing regulatory scrutiny and settlements in the past, Tether has maintained its value closely tracking the US dollar. The high-interest-rate environment has contributed to Tether’s profitability, enabling these ambitious investment plans.</p>
<p>Tether’s significant investments signal its intent to become a major player in emerging technologies and alternative financial structures.&nbsp;</p>
<p>Stay tuned to Coinpedia for more such exciting news updates related to Web3, Blockchain and Cryptocurrency.</p>

Tether Holdings to Invest Over $1 Billion in Deals

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