Tether, a global fintech company and issuer of the largest stablecoin, USDT, will look for new use cases for cryptocurrencies in the real-world sector. Also, in cooperation with partners, Tether will move towards new breakthroughs in other types of “core freedom technology”, following a strategic investment in Rumble.
Tether will focus on real-world use of BTC, USDT, artificial intelligence, and more, Arduino CEO says
Tether, the digital fintech giant, is actively expanding its partner network to focus on core workloads for 2025. Some of its key developments will be brought to the real-use sectors of Bitcoin (BTC), the first cryptocurrency, and USDT, Tether's largest coin. Stable coin.
The statement was shared by Paolo Ardoino, CEO of Tether, on his X (formerly Twitter) account with 253,000 followers today, December 24, 2024.
In addition, Tether will explore opportunities in other sectors of core freedom technology, including proprietary AI tools, peer-to-peer communication, etc.
Arduino emphasizes that the full range of its platform's services will address a 10-figure audience worldwide:
Our dedication goes out to the hundreds of millions (potentially billions actually) of people in our reach network. Unstoppable together.
As previously covered by U.Today, Tether has made its first places in a number of previously untapped sectors for the stablecoin giant. In the fourth quarter of 2024, it announced the project in the field of crude oil in the Middle East.
Tether also supports new generation mining solutions in the Latin America region.
Barstool Sports' Dave Portnoy was surprised by Tether's Rumble deal, and here's why
Last week, it made headlines with a $775 million strategic investment in YouTube competitor Rumble, a decentralized video content sharing platform.
Rumble CEO Chris Pavlovsky sat down with Barstool Sports founder Dave Portnoy, a popular social media personality and cryptocurrency millionaire, to discuss the deal and its background.
When Pavlovsky said that this huge deal was completed in just one month of discussion, Barstool's head was very excited: “So fast?”
As previously reported by U.Today I mentionedTether will fuel new developments in Rumble with an instant transaction worth $250 million.
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