According to Bloomberg, Tether aims to maintain a lean workforce while expanding its operations. The company expects to reach a headcount of about 200 people by mid-2025. Chief Executive Officer Paolo Ardoino emphasized the importance of flexibility and careful hiring practices, stating that Tether hires only senior personnel. Despite its small workforce, Tether has become a significant player in the financial sector, generating $1.3 billion in profit in the second quarter, largely due to its popular stablecoin, USDT.

Tether has faced scrutiny over the potential illicit use of USDT. Ardoino mentioned that monitoring for such activities on the secondary market, including trading on exchanges and over-the-counter desks, requires advanced automated tools. The primary market involves investors buying or redeeming USDT directly with Tether. The company has been under the spotlight for its involvement in the secondary market and the measures it takes to prevent illicit activities.

In May, Tether began utilizing the yields from its extensive holdings of Treasuries, making approximately $2 billion in startup investments over the past two years. The firm has backed companies like Northern Data Group, with a small team of just 15 people overseeing these investments. Ardoino expressed caution about expanding the workforce too aggressively, criticizing companies that hire large numbers of employees during market booms only to lay them off during downturns. He described such practices as unfair to employees and emphasized Tether's commitment to a stable and lean operational model.