Tether plans to double its workforce by mid-2025, with a focus on its compliance team. 🚀
- The team will grow to 200 people, CEO Paolo Ardoino said.
- Particular attention is being paid to monitoring illicit activity in secondary markets.
- In May, Tether partnered with Chainalysis to improve transaction monitoring.
- Despite its small staff, Tether earned a record $5.2 billion in revenue in the first half of 2024.