Tether launches bold Bitcoin initiative

Tether CEO Paolo Ardoino recently took to social media on "X" to announce a major new step for the stablecoin. The company plans to integrate both its current and future Bitcoin mining power with the OCEAN protocol.

Under the new strategy, Tether will use OCEAN’s DATUM gateway software. OCEAN is known as one of the top decentralized Bitcoin mining pools. It allows miners to build their own block templates using its open-source DATUM protocol, which minimizes reliance on centralized intermediaries and increases censorship resistance in the Bitcoin network.

This move is part of Tether’s broader plan to enhance its mining operations worldwide, including in remote and underserved areas such as parts of Africa. In the long run, Tether believes this deployment will enable high-performance mining even in regions with limited bandwidth.

Ardoino emphasized that supporting decentralization in Bitcoin mining is essential for the network’s long-term security. He added that the switch to OCEAN’s technology aligns with Tether’s mining investments and its overall mission to safeguard Bitcoin from centralizing forces.

Tether’s confidence in Bitcoin’s future is clear. Earlier in the second quarter of 2025, the firm made a substantial purchase of 8,888 BTC, increasing its total holdings to 92,646 BTC at an average price of $82,591.34. Many analysts see this move as part of a “buy-the-dip” strategy.