Tether CEO Says: 'We Will Be the Largest Bitcoin Miner by the End of 2025'
Key moments in history
-
Tether is pouring billions of dollars into mining at more than 15 sites around the world, aiming to become the leading Bitcoin miner by the end of the year and protect its BTC-backed reserve assets.
-
The GENIUS Act forces Tether to comply with new US regulations or leave the market; a US stablecoin is currently being developed to comply with regulations.
Tether, the issuer of the world’s largest stablecoin USDT, is preparing for a major shift in strategy. Amid growing regulatory pressure due to the recently passed GENIUS Act in the US, CEO Paolo Ardoino has announced ambitious plans to make Tether the largest Bitcoin miner in the world by the end of 2025. This comes as the company is working to create a fully compliant stablecoin in the US amid increased interest.
Paolo expressed optimism about the Senate passing the Genius Act. He is confident that this legislation will create an international compliance system for stablecoins, both domestic and foreign. Tether plans to adapt its current token USDT to these new standards, as well as launch a new stablecoin that will meet the requirements of the US market.
From Stablecoins to Mining Giant
In a recent Bankless podcast with Ryan Sean Adams, Ardoino revealed that Tether is heavily invested in Bitcoin mining, as well as artificial intelligence, telecommunications, and data center projects. Ardoino, who holds over $10 billion in Bitcoin, emphasized the importance of protecting the network that underpins Tether’s financial position. By becoming one of the leading miners, Tether hopes to protect its interests from potential manipulation and centralization risks. Ardoino confidently stated, “Realistically, Tether will be the largest Bitcoin miner by the end of this year.”
Billion dollar investment in mining
Despite stiff competition from established mining companies like Marathon Digital and Riot Platforms, Tether has made significant strides through partnerships with governments in Latin America, including El Salvador, Paraguay, and Uruguay. With over 15 mining sites, the company has quietly invested billions into developing its mining infrastructure. However, questions remain as Tether has yet to disclose its share of the total Bitcoin hashrate.
The GENIUS Act Leads to Strategic Changes
While Tether aims to become a leader in mining, the company also faces new regulatory challenges in the U.S. The GENIUS Act, which passed in June 2025, requires all stablecoin issuers to be fully backed by collateral, comply with AML/KYC rules, and be transparent. Tether has 18 to 36 months to comply or risk being pulled out of the U.S. market.
On the other hand, the company has worked with the US Department of Justice to help freeze illicit funds using its blockchain monitoring systems. He noted that Tether has partnered with over 250 law enforcement agencies worldwide, an unprecedented achievement in the cryptocurrency world.
What happens next?
Now Tether must choose between adapting USDT to US standards, launching a new regulated stablecoin, or leaving the US market. Meanwhile, competitors like USDC and RLUSD are ready to take advantage of any mistake. Overall, it is clear that Tether is no longer just a stablecoin issuer, but a significant player that is betting big on Bitcoin infrastructure.
Source: cryptonews.net