Tether to Double Staff by Mid-2025 in Compliance, Finance Push
- Stablecoin issuer expects to have a workforce of 200 people
- Tether oversees some $118 billion of assets backing USDT
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Tether Holdings Ltd., issuer of the $115 billion stablecoin USDT, plans to double the size of its workforce over the next year to bulk up in areas like compliance.
The company expects to reach a headcount of about 200 people by mid-2025, Chief Executive Officer Paolo Ardoino said in an interview with Bloomberg News. Tether will also add staff in the finance department, which manages the $118 billion of assets backing USDT.