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Tether expands investment portfolio, plans new hires
Tether, the issuer of the world’s largest stablecoin USDT, is expanding its investment portfolio and hiring more staff, according to a recent report by the Financial Times. The company, registered in El Salvador and based in Switzerland, now holds around 140 investments, including stakes in a South American agricultural firm and Italian football club Juventus. Tether has also increased its headcount to around 300 employees, with plans to add 150 more, primarily engineers. CEO Paolo Ardoino discussed the company’s focus on developing peer-to-peer tools and a “freedom tech stack” at a recent conference in San ... (full story)
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