Tether CEO Paolo Ardoino, in a statement at the Token2049 event in Singapore, the company’s new Stablecoin Usesat Rumble He announced that he planned promotion using his platform. BloombergAccording to the end of the year, Rumble is expected to activate a crypto currency wallet supported by Tether technology. Thus, the social media platform, which has 51 million active users, aims to increase the use of stablecoin in the USA.
TETHER’s Stablecoin Use Plan over Rumbles
Ardoino, in his speech at the panel, Rumbles crypto currency Stating that he had passed to a friendly infrastructure, he said that millions of American users’ access to the new digital dollar of Tether will be easier. Ardoino emphasizes that the US is one of the most developed countries in financial systems, Usat CoinHe said it was developed in compliance with local regulations. Last year, Tether invested Rumbles 775 million dollars and received about 48 percent of the platform.
Ursat, which was released last month, provides assurance to its users with its dollar secured structure. The company aims to provide a more suitable framework for regulations with this new US -based product after the USDT’s $ 174.6 billion supply reached globally.
Tether’s new investment plans
Tether only stablecoin It makes growth moves not in different sectors, not in its market. In 2024, the company made a profit of $ 13 billion in the fields such as telecommunications and energy infrastructure. Again, Bloomberg conveyed last week, Tether is conducting negotiations to collect investments up to $ 20 billion over a $ 500 billion valuation.
Ardoino announced that they plan to improve energy and payment infrastructure, especially in Africa, with potential new investment. The company’s goal is to establish between 100,000 and 150,000 kiosk in the region by 2030. This initiative aims to strengthen the USDT’s dollar -based economy and to increase financial inclusion. Thus, Tether is preparing to play a more active role not only in the crypto money market, but also in the global economic ecosystem.