Tether, best known for issuing the world’s largest stablecoin, USDT, has been making aggressive inroads into U.S. markets—quietly channeling around $5 billion into American tech firms and infrastructure since 2022.
CEO Paolo Ardoino recently revealed that Tether’s investment strategy spans sectors ranging from decentralized media to neuroscience and Bitcoin infrastructure. Highlights include a $770 million acquisition of 100 million Class A shares in Rumble, a video platform seen as a decentralized alternative to YouTube, and a $200 million injection into Blackrock Neurotech, a startup pioneering brain-implant technology to help paralyzed patients regain communication.
Tether has also deepened its presence in Bitcoin mining, directing hashrate to Wyoming-based pool OCEAN. Ties with Swan Bitcoin, however, have reportedly fractured, with legal tensions emerging.
Outside of equity investments, the company now ranks among the world’s largest holders of U.S. Treasuries—surpassing countries like Germany with over $120 billion in exposure across various instruments. These reserves support USDT’s dollar peg and are held primarily through Cantor Fitzgerald.
The investments follow a record $13 billion profit in 2024, enabling Tether to diversify into industries such as agriculture, sports, and media. While USDT remains dominant, growing regulatory scrutiny has prompted the company to explore launching a compliant, U.S.-specific stablecoin in the near future.
Circle, the issuer behind the USDC stablecoin, is preparing to go public, and sources say BlackRock is gearing up to take a significant piece of the action—possibly acquiring 10% of the offering.
Bybit is making a bold move into the European crypto market after securing regulatory approval under the EU’s MiCA framework.
Nvidia reported strong financial results for the first quarter of 2026 for the period ended April 27, 2025, which led to a 4.8% increase in its shares in after-hours trading.
Elon Musk has stepped down as head of the Department of Government Efficiency (DOGE), citing the difficulty of reducing federal spending and bureaucracy.