Tether plans to double its current workforce by mid-2025. The largest stablecoin issuer, with a market capitalization exceeding $115 billion, has operated with a relatively small team. Currently, their workforce consists of about 100 employees spread across 50 countries. However, next year, they intend to focus heavily on development, investments, and compliance standards. Regarding their presence in the EU, Tether’s CEO, Paolo Ardoino, mentioned that the recently adopted MiCA regulations pose a threat to both banks and stablecoin issuers. As a result, they are currently only engaged in discussions with regulatory authorities.

Solana’s developers, validators, and client teams quietly coordinated to address a critical vulnerability by securing the majority of the network’s stakes before publicly disclosing the issue. The fix allowed operators to independently verify and apply the necessary changes. The vulnerability was disclosed after 70% of the network implemented the fix, and Solana Labs issued a statement urging the remaining operators to update their systems.