Tether, the company behind the USDT stablecoin, plans to double its workforce next year. According to CEO Paolo Ardoino, they aim to increase the number of employees to 200 by mid-2025. 💼

Tether is also expanding its finance department to better manage the $118 billion in assets that back USDT. The company is hiring carefully and experienced staff to remain flexible.

Ardoino noted that Tether has partnered with Chainalysis to monitor illegal activity. The move will help facilitate compliance with international sanctions and detect illegal transfers. 🔍