Tether, the leading stablecoin issuer, has announced significant investments in the Georgian payment service CityPay, as part of its expansion into Eastern Europe. This move is set to enhance Tether's presence in the region and is aligned with its strategy to deepen its investment in payment infrastructure providers, particularly in emerging markets. CityPay is planning to launch an e-wallet and a card, aiming to establish over 500,000+ crypto payment points. Tether's CEO Paolo Ardoino expressed enthusiasm about the collaboration with CityPay, citing previous successful outcomes. Additionally, Tether is integrating with the TON (Telegram) network, which could further boost its market position. These developments come as Tether continues to hold a dominant position in the stablecoin market, with significant transaction volumes that rival those of major traditional payment systems like Mastercard.
For Tether’s CEO Paolo Ardoino the company's push into bitcoin mining, AI and education isn’t just a matter of prudent diversification–it’s philosophical. https://t.co/vIJQ0asC7C He believes Tether will play a big role in creating what he describes as resilient sovereign…
For Tether’s CEO Paolo Ardoino the company's push into bitcoin mining, AI and education isn’t just a matter of prudent diversification–it’s philosophical. He believes Tether will play a big role in creating what he describes as resilient sovereign technologies.…
Crypto’s largest stablecoin issuer and arguably its most profitable company is expanding into bitcoin mining, AI and education. For Tether’s CEO Paolo Ardoino it isn’t just a matter of prudent diversification–it’s philosophical. He believes Tether will play a big role in creating…
How Crypto Giant Tether’s New CEO Is Remaking The Company For The Apocalypse by @ninabambysheva https://t.co/ukD6WbXZ6b
With $111 billion in assets and $6 billion in profits, shadowy stablecoin merchant Tether has emerged as crypto’s most profitable company. Now it's restructuring, moving into bitcoin mining, AI and education. https://t.co/a5TpM9cFf5 https://t.co/hppbLuHLZW
How Crypto Giant Tether’s New CEO Is Remaking The Company For The Apocalypse https://t.co/s8FKV7xJLh https://t.co/e1r3X3GpOX
It is estimated that the stablecoin market could reach $3T by 2028. Understand the role stablecoins play in the financial markets and learn about their use cases and how they push financial services innovation. https://t.co/F9zxkNVMnw
Stablecoin Surge: Tether's Headroom for Growth (tldr: @telegram $USDt integration) https://t.co/0oisnBngwm via @coindesk
Tether has announced its expansion into Eastern Europe and will invest in a Georgian payment service https://t.co/9uGBVObf6f
Tether already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish. https://t.co/BuL67YLXB7
The transaction volume of stablecoins in their initial six years of existence closely rivals that of @Mastercard's volume over the same period. Watch as @JohnSarson1 discusses the disruptive technology stablecoins might bring into traditional payment systems. Stay informed on…
JUST IN: $USDT ISSUER TETHER INVESTS IN GEORGIAN PAYMENTS COMPANY 'CITYPAY'
Tether invests further in CityPay #CityPay plans to launch an e-wallet and card and aiming for 500,000+ crypto payment points. ”Our first collaboration yielded exciting results," said @Tether_to CEO @paoloardoino https://t.co/CxH22vtgse
. @Tether_to ramps up investments in payment infrastructure providers with deep focus on emerging markets. #bitcoin and $USDt are becoming the financial backbone for many developing countries. @citypayio has an impressive, efficient and committed team. I'm excited to reinforce… https://t.co/PURXjuT3EY