tether: From stable coin to the financial giants-seventh largest owner of US state bonds and new ways in Bitcoin mining

<p> <strong> tether: From stable coin to the financial giants-seventh largest owner of US state bonds and new ways in Bitcoin mining </strong> </p>

tether: From the stable coin to the important finance player

tether, the issuer of the USDT tablecoin, went through a remarkable development in 2024. With a total value of $ 33.1 billion in US state bonds, Tether became the seventh largest buyer in this area. This roughly corresponds to the volume that hold countries such as South Korea and Germany. The overhaul of Taiwan and Canada underlines Tether's increasing influence in the international financial landscape, which is remarkable for a company in the cryptocurrency industry.

Tether's expansion into the Bitcoin mining

In addition to the significant engagement in US state bonds, Tether has also expanded his business area to Bitcoin mining. Tether currently has 21.4 % of Bitdeer, which corresponds to 31,891,689 class A shares. With this step, Tether strives for a long -term infrastructural basis that goes beyond the pressure and distribution of USDT.

The motivation behind this commitment in the mining sector is clear: diversification and expansion of influence in the cryptom market. With this approach, Tether not only pursues an improvement in its market position, but also opens up new opportunities to control the production and distribution of digital assets.

Access to the US dollar for 400 million people

Tether CEO Paolo Ardoinino emphasizes that around 400 million people, especially in low-income countries, now have access to the US dollar, thanks to the USDT. This stable coin not only acts as a means of payment on crypto bonds, but also offers an urgently needed liquidity option in regions in which access to hard currencies is limited.

in countries with high inflation or inadequate bank structures, USDT could act as a valuable instrument that enables people to save their value in dollars without having to open an account with a foreign bank. This could have far -reaching effects on local monetary policy and further undermout the attractiveness of local currencies.

legal challenges and their effects

tethers growth faces challenges. The company is involved in a complex legal dispute with Swan Bitcoin, which revolves around a failed mining operation called 2040 Energy. Tether tried to prevent legal steps from Swan, which former employees wanted to bring before a court in California. However, the application was rejected, since the court was of the opinion that the protection of commercial secrets cannot be put about the right to access to the judiciary.

These legal complications throw a shadow on the ambitious plans of Tether and show that the company's growth is associated with many challenges that need to be mastered.

FAZIT

Tether has developed from a stable coin provider into an important player in the financial sector by acquiring large stocks of US state bonds and investing in Bitcoin mining. These developments not only show the company's innovative strength, but also the potential of the USDT, to act as a lifeline in economically disadvantaged regions. At the same time, however, legal disputes are not to be ignored and could influence the future growth of Tether.