Tether Targets $10 Billion Profits
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USDT stablecoin issuer TetherCoinGape
•Tether Plans $5 Billion Investment With AI Platform Launch in 2025
64% Informative
USDT stablecoin issuer Tether has witnessed strong growth this year and is on the way to achieving $10 billion in profits in 2024 .
Firm is looking to expand its footprint in the US market while expecting crypto-friendly regulations under President-elect Donald Trump .
On Friday , Tether announced a $775 million investment in the video-sharing platform Rumble .
The firm is also planning to pivot into the world of Artificial Intelligence (AI) by launching its own AI platform.
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