Four major pillars to build a stable society, from stablecoins to brain-machine interfaces.
Tether CEO Paolo Ardoino elaborated on the company's grand vision during an interview with (The Block) Podcast. This company, with fewer than 200 employees, generated about $13 billion in profit in 2024, currently holds over 100,000 Bitcoins valued at $10 billion. Ardoino stated that Tether has transformed from a mere stablecoin issuer into a 'stable company' dedicated to bringing stability to the community.
Ardoino proposed the four pillars theory for building a stable society: stable currency, stable communication, stable intelligence, and stable energy. He believes stable currency is stablecoins for emerging markets and Bitcoin for the Western world; stable communication means freedom of speech; stable intelligence aims to avoid social inequality caused by centralized AI; and stable energy is achieved through decentralized energy infrastructure.
In the brain-machine interface industry, Tether has invested $200 million in Blackrock Neurotech, becoming its major shareholder. Ardoino claims that the company is more advanced than Elon Musk's Neuralink, with over 40 patients already using its technology. His long-term goal is to create an open-source 'brain operating system', predicting that brain-machine interfaces will become the next generation of smartphones within the next 15 to 30 years.
Actively laying out plans for Bitcoin mining, expected to become the world's largest miner by the end of the year.
Ardoino revealed that Tether plans to become the world's largest Bitcoin mining company by the end of this year. Since 2023, the company has invested over $2 billion in energy production and mining infrastructure at 15 sites in Uruguay, Paraguay, and El Salvador.
However, Ardoino emphasized that Tether's mining ambitions are not purely for commercial returns, but are based on strategic considerations.
He stated, 'If you have $1 million, you must decide whether to invest in Bitcoin mining or directly purchase Bitcoin; directly purchasing Bitcoin will always earn more money.'
Considering Tether's massive investment in Bitcoin, being part of the cybersecurity team is crucial for protecting its over $10 billion Bitcoin investment.
Currently, major Bitcoin miners globally include MARA (57.3 EH/s), CleanSpark (50 EH/s), etc., while the total Bitcoin network hash rate is about 810 EH/s. Although Tether has not disclosed its current mining hash rate, its large-scale investments indicate a determination to achieve this goal.
A physical distribution network spans the globe, with 100,000 solar charging stations built in Africa.
Tether is building the world's largest physical distribution network, with tens of thousands of chain stores in Central and South America, and launching innovative solar charging station projects in Africa. With about 600 million people out of electricity among Africa's 1.4 billion population but owning smartphones, Tether is establishing charging stations equipped with solar panels in small African villages, featuring rechargeable batteries and charging $3 USDT per month.
The company has currently deployed 500 charging stations in Africa, serving 500,000 users and completing over 10 million battery replacements. Ardoino plans to establish 10,000 charging stations by the end of 2026 and 100,000 by 2030, providing power to 30 million households in Africa. The impact of this plan will be visible from space, as Central Africa is currently very dark at night.
In the past two to three years, Tether has earned about $20 billion, of which less than 5% is distributed to shareholders, with the remaining funds diversified through the investment department. The company currently has over 50 to 60 portfolio companies covering various industries, including agriculture, AI infrastructure, and video platforms, showcasing its ambition to transform from a stablecoin issuer to a comprehensive technology investment company.
See more news about 'Tether'.
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Tether open-sources Bitcoin mining system! Allowing small and medium miners to control mining machines, saying goodbye to monopolistic ecology.
Tether's valuation exceeds $500 billion! Surpassing Costco and Coca-Cola, why does it insist on not going public?
'Tether CEO talks about layout: Tether is not just about stablecoins, but aims to reshape the future of humanity with four major pillars' - this article was first published in 'Crypto City'.
