Tether Eyes US Expansion as Trump’s Inauguration Sparks Crypto Optimism
Tether’s CEO has announced plans to expand the company’s operations in the United States ahead of Donald Trump’s inauguration. The re-election of Trump, with his pro-crypto policies, is expected to reshape the cryptocurrency landscape. States are considering Bitcoin strategic reserves, and crypto companies are focusing on growing their US customer base. Tether is preparing for significant opportunities in the market.
Following Trump’s 2024 election victory, the crypto industry experienced remarkable growth. Bitcoin surpassed $100,000, altcoins hit new all-time highs, and the December 2024 rally revived hopes of a larger bull market. This environment benefitted Tether immensely, with reports suggesting the stablecoin issuer earned $10 billion in profits that year.
Tether CEO anticipates even greater profitability in the US, citing Trump’s crypto-friendly stance and the potential for regulatory clarity. The company recently invested $775 million in Rumble Inc., a US-listed video-sharing platform. Highlighting the shared values of decentralization, transparency, and free expression, the CEO sees the investment as part of Tether’s strategy to capitalize on market opportunities.
With Trump’s inauguration, anticipated regulatory developments, and a larger bull run expected in 2025, Tether is positioning itself for substantial growth in the US market.
