Overview
- Tether now oversees roughly 140 investments spanning AI, commodities and sports, including a reported stake in Juventus.
- Circulating USDT stands near $185–187 billion, providing the revenue base that supports the firm’s diversification.
- A previously floated $15–20 billion raise met investor resistance, and the company is now weighing a round closer to $5 billion.
- Finance and operations have been consolidated in London under CFO Simon McWilliams to strengthen governance and reporting.
- Hiring will grow by about 150 roles on top of a roughly 300-person staff as calls persist for independent audits beyond quarterly attestations.