Tether to Onboard 200 Senior Staff by Mid-2025 to Focus on Compliance

Stablecoin issuer Tether is seeking to expand its compliance and financial reach by doubling-up its workforce by mid-2025. CEO Paolo Ardoino says Tether Holdings will soon reach a headcount of 200 senior staff, which currency has 100 employees. Speaking to Bloomberg, Ardoino added that the staff expansion would help foster Tether’s reach in areas like compliance and finance. Tether currently manages $118 billion of assets backing USDT and plans to add workforce to its finance department as well. Tether has been one of the successful crypto companies in the past with “record breaking” profits. 

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