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Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy

June 5, 2023

Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether is increasing its investments in recent times, having announced a mining project in Uruguay and revealing an investment…
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Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion

June 1, 2023

On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached at the end of November 2022. Tether Market Cap…
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