On March 13, Bloomberg reported that Tether CEO Paolo Ardoino has now made the United States the core of his expansion plans and has secured the support of allies in the Trump administration, including Commerce Secretary and long-time Tether supporter banker Howard Lutnick, whose family company has also invested in Tether. Tether launched a new token in the US market in January and intensified its lobbying efforts in Washington. Simultaneously, Tether is attracting investors globally, attempting to establish a valuation of $500 billion, making it one of the world's most valuable private companies.
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 profits exceeded $10 billion last year and it currently holds approximately $122 billion in U.S. Treasury bonds, making it the 17th largest holder of U.S. Treasury bonds globally. Furthermore, Tether is promoting its compliant token, USAT, in the U.S. market and has made over 140 investments in areas such as artificial intelligence, energy, and brain-computer interfaces.
