Tether plans to double its workforce to 200 by mid-2025, focusing on expanding its compliance team. Despite its small si…

Tether plans to double its workforce to 200 by mid-2025, focusing on expanding its compliance team.

Despite its small size, Tether remains a financial powerhouse, generating $5.2 billion in profits in the first half of 2024.

The company continues to enhance monitoring tools to prevent illicit activity involving its USDT stablecoin, which now commands nearly 70% of the stablecoin market with a $115 billion supply.