ChainCatcher news, Tether CEO Paolo Ardoino revealed that over 300 companies and institutions have contacted Tether's Hadron platform to apply for product demonstrations. He emphasized, "The future belongs to tokenization."

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform that Tether is ready to launch two new products in November, but he has not disclosed more details yet.

ChainCatcher news, Tether CEO Paolo Ardoino stated in an interview with Bloomberg that he plans to double the workforce in the next year to strengthen capabilities in areas such as compliance, expecting the number of employees to reach around 200 by mid-2025.

ChainCatcher news, Tether CEO Paolo Ardoino posted on social media that Tether is preparing to launch a new open-source project, which will become an important part of Tether's future ecosystem.

ChainCatcher news, according to official sources, Tether has appointed Paolo Ardoino as the new CEO. Ardoino will succeed Jean-Louis van der Velde (JL) starting from December 2023, who will transition to an advisory role at Tether while retaining his position as CEO of Bitfinex.At the same time, Ardoino will continue to serve as the Chief Technology Officer of Bitfinex and the Chief Strategy Officer of Holepunch.

ChainCatcher news, Tether's Chief Technology Officer Paolo Ardoino stated on social media that Tether's Bitcoin mining facility in Latin America is set to begin operations in a few weeks, but the specific location cannot be disclosed to avoid disturbances; the site is progressing well, and team members are working day and night.In addition, Tether launched the "Tether Energy" program a few months ago and is partnering with companies around the world to provide support such as funding, infrastructure, development, and general expertise to build renewable energy production and Bitcoin mining facilities. Tether believes that Bitcoin mining must be geographically decentralized as much as possible, with the goal of reducing the current high concentration in specific countries.

ChainCatcher news, Tether Chief Technology Officer Paolo Ardoino stated on Twitter that the company's profits for the first quarter of this year have exceeded $700 million.Previously, on March 24, [Paolo Ardoino](https://www.rootdata.com/zh/member/detail/Paolo Ardoino?k=MTI0Njc=) had anticipated that the excess reserves for the quarter would increase by $700 million, bringing Tether's excess reserves to $1.66 billion, marking the first time Tether's excess reserves have surpassed $1 billion. (Source link)

ChainCatcher news, according to Whale Alert data, the stablecoin issuer Tether issued an additional 1 billion USDT in the Tether Treasury wallet on the Ethereum network at 18:35:59 UTC on March 16.Tether's Chief Technology Officer Paolo Ardoino added that this is a transaction that has been authorized but not yet issued on the Ethereum network, meaning this issuance will be used for the next issuance request and on-chain interactions. (source link)