Tether To Hire 150 More Staff As Global Expansion Accelerates

Over the next 18 months, Tether, the company that issues the USDT stablecoin, intends to add 150 more workers as it grows internationally and puts its growing revenues back into new ventures. Approximately 300 people now work for the company, according to a Financial Times investigation.

Although engineers will make up the majority of new jobs, Tether is also hiring for speciality positions in several locations. These include regulatory specialists in Ghana and Brazil, venture partners in the United Arab Emirates, and AI filmmakers in Italy. The hiring drive is a reflection of Tether’s expanding goals outside of stablecoins.

With its market capitalisation increasing to roughly $185 billion from $140 billion a year ago, USDT adoption has continued to grow. CEO Paolo Ardoino recently outlined plans for a broader “freedom tech stack” covering finance, communications, energy, and artificial intelligence.

Furthermore, Tether has made well-known investments in robots, media platforms, satellites, and agriculture. The growth coincides with intensified competition from rivals such as Circle and ongoing global regulatory scrutiny of stablecoin reserves.

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