Gate News reports that on March 13, Bloomberg reported that Tether CEO Paolo Ardoino has now made the United States the core of its expansion plans and has gained support from allies of the Trump administration, including Commerce Secretary and long-time supporter of Tether Howard Lutnick, whose family company has also invested in Tether. Tether launched a new token, USAT, in the U.S. market in January this year and has strengthened lobbying efforts in Washington. At the same time, Tether is attracting investors worldwide, aiming to establish the company’s valuation at $500 billion, making it one of the highest-valued private companies globally.
Tether CEO Paolo Ardoino stated that the company plans to complete a full audit by the end of 2026 and is currently in discussions with the Big Four accounting firms. Tether disclosed that its profit last year exceeded $10 billion and that it currently holds about $122 billion in U.S. Treasuries, making it the 17th largest holder of U.S. debt worldwide. Additionally, Tether is promoting its compliant token USAT in the U.S. market and has undertaken over 140 investments in fields such as artificial intelligence, energy, and brain-computer interfaces.
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