Tether is riding high and expanding its workforce to handle its growing multi-faceted crypto businesses, the Financial Times reported.
Tether to Scale Its Workforce as Investment Basket, Stablecoin Market Grow: FT
9 February 2026 - 15:53 CET
The stablecoin firm, which is registered in the crypto-friendly nation of El Salvador, has made a plethora of investments in crypto and non-crypto related firms, even taking a stake in Italian football club Juventus.
Just last week, Tether made a quarter billion-dollar investment in custody firm Anchorage Digital and bullion marketplace Gold.com. With the stablecoin market and its portfolio growing - it now has almost 140 investments - the crypto firm will need more manpower to handle its business.
Adding 150 staff
Tether, which operates the $185bn market-cap USDT, has a total workforce of only 300 employees. The stablecoin operator is now looking to add 150 staff, mostly engineers, over the next 1.5 years, according to the FT report, which didn't give a source for the information.
Beyond its engineering staff, it is also looking at a wide array of staffing expansion. According to LinkedIn job postings, Tether also wants to hire AI filmmakers, venture capital executives in the United Aram Emirates and regulatory authorities in Ghana and Brazil.
Speaking at an event in El Salvador, CEO Paolo Ardoino explained how the firm wants to counter centralization and build peer-to-peer tools. “If we build everything with centralised technology, freedom will fall,” he said, according to the FT.
