"Tether (USDT) Invests in Pro-Trump Companies... Aggressive Expansion Moves"

Stablecoin Tether (USDT) is reportedly strengthening its influence in the financial sector by aggressively expanding its investments in pro-Trump companies.

On the 7th, Bloomberg cited sources stating, "Tether holds over $7 billion in excess reserves and plans to use this to expand its investments aggressively," adding, "Tether is likely to accelerate investments and mergers and acquisitions (M&A) based on increasing profits."

Recently, as the political climate in the U.S. changes, Tether is showing more aggressive investment moves. According to the media, Tether invested $775 million in the social media platform Rumble last December. Rumble is a company in which Howard Lutnick, nominated as Secretary of Commerce under the Trump administration, and David Sacks, appointed as AI and crypto czar, hold stakes.

Bloomberg analyzed, "Tether is generating enormous profits from its stablecoin business, but as the market matures and competition intensifies, it is attempting to diversify its business."

Meanwhile, Tether is not just staying as a stablecoin issuer but is establishing a unique position encompassing traditional finance and the cryptocurrency market. The media explained, "Tether holds $94.5 billion in U.S. Treasury bonds," and "Tether has become an essential remittance and payment means in the crypto market and is laying the foundation for exerting significant influence in global finance."