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Paolo Ardoino on Tether's billion-dollar profits and plans to buy bitcoin

The Scoop

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The Future of Ethereum

Tether.io is an unique spot right so now that the profitability of teder went up it allows us to start using some of the profits to invest in for example energy production renewable of course in bitcoin mining we announced a little you know i think probably one year ago that we were looking at seriously at bitcoin mining not doing any reckless uh investment really. We are interested to become at the technological partner for companies that need and and the organization seats its government that wants to to improve their tech and communication infrastructure. The beauty of our next period plan is that we can start diversifying ourselves a little bit from from the pure stable coin offering and become more around tech provider  that acquires expertise

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