Tether’s CEO Paolo Ardoino says the stablecoin giant runs at a 99% profit margin and could earn $15B in 2025, outpacing Wall Street titans. We explain how a low-cost issuance model plus T-bill yields create extraordinary margins—while transparency and regulatory history keep the compliance risk dial turned up.
Tether, the world’s largest stablecoin issuer, is allegedly planning to launch a new stablecoin—this time targeting the U.S. market directly. CEO Paolo Ardoino confirmed in a CNBC interview that the company is exploring a U.S.-based issuance vehicle. The goal? “Transparency and regulatory engagement.” But don’t be fooled. The real play here isn’t compliance. It’s strategic fragmentation.
Recent allegations against Tether, the company behind the USDT stablecoin, have sent ripples through the cryptocurrency market. According to a Wall Street Journal (WSJ) report, U.S. federal prosecutors are investigating Tether for potential anti-money laundering laws and sanctions violations. The probe is allegedly investigating whether third parties have utilized Tether’s stablecoin to finance illegal activities or to launder the money from such activities.
Bitfinex Securities Ltd, a platform specializing in the listing and trading of security tokens and the company behind stablecoin Tether (USDT), has announced the successful raise of $5,200,100 USDt through one of the world's first tokenized bond issuances. The issuer of the bond is the Luxembourg-based securitization fund ALTERNATIVE, managed by microfinancing leader Mikro Kapital. The bond is listed at the AIFC in Kazakhstan.
It is a remarkable development in the crypto world. The stablecoin Tether (USDT) issuer has taken a proactive stance in supporting U.S. law enforcement agencies. The company recently announced that it had frozen 326 wallets containing a total of $435 million in USDT at the behest of U.S. authorities. This decisive action, highlighted in a letter, marks Tether's commitment to assisting in the fight against illicit activities, including money laundering and terrorist financing.
Is it another signal for the next crypto bull run? In an ambitious move within the crypto mining sector, the Tether Group, which is behind the USDT stablecoin, has fortified its commitment to Bitcoin mining. It has issued a substantial debt facility to Northern Data AG, a leading German Bitcoin mining firm. The publicly traded mining behemoth has secured a whopping €575 million debt financing from the Tether Group, set to mature on January 1, 2030.