On January 27th, Paolo Ardoino, CEO of Tether, tweeted that millions of GPUs will no longer be needed to train powerful models in the future. This pure reliance on brute-force computing is inefficient and inelegant. Better models will significantly reduce training costs, while access to data remains key. Inference will shift to local or edge end, avoiding wasting hundreds of billions of dollars on pure computing power.
Tether CEO Paolo Ardoino wrote that Bitfinex Securities has obtained a license in El Salvador and Bitfinex Derivatives has relocated to El Salvador. Tether is also moving to El Salvador. Many other companies are following in its footsteps, and El Salvador is becoming a fintech hub in Central and South America.
Tether 首席执行官 Paolo Ardoino 发文称,Bitfinex Securities 在萨尔瓦多获得了许可证,Bitfinex Derivatives 已迁至萨尔瓦多。 而 Tether 也在迁往萨尔瓦多。许多其他公司也在跟随其步伐,萨尔瓦多正成为中美洲和南美洲的金融科技中心。
Tether CEO Paolo Ardoino retweeted on the X platform a tweet from the co-founder of weRate and the CEO of JAN3, which mentioned that there is a lot of "FUD information" about USDT in the market at present, but the reality is that USDT will not be illegal in Europe on December 30, 2024. MiCA rules need to be followed, but stablecoin service providers have a 6-18 month transition period, and some exchanges are waiting for clear information.
Tether CEO Paolo Ardoino posted on the X platform that Tether's AI platform website is expected to be launched by the end of the first quarter of next year.
On December 5th, Tether CEO Paolo Ardoino attributed the rise in USDT's market value to the large amount of money flowing into bitcoin spot ETFs and the bitcoin buying boom led by Michael Saylor. Ardoino revealed that in the past 20 days alone, Tether's market cap has increased by about $16 billion, in part due to the large amount of money flowing into spot bitcoin ETFs, and many people started buying bitcoin at a very fast rate, especially after the US election.
Paolo Ardoino, chief executive, said Tether Investment's liquidity pool for raw materials financing deals could grow to $30- $5 billion by 2026, after financing oil deals worth about $45 million in October. Tether Investments is understood to be planning to lend money to commodity brokers and earn interest on the temporary financing.