Tether plans to invest $10.8 million in Italian media firm Be Water: report
An inside source claimed Tether is set to purchase a 30% stake in the Italian media company, Be Water. With a market value of more than $144 billion, the stablecoin firm has been expanding its portfolio beyond crypto.
According to a recent Bloomberg report , a source familiar with the dealings told the news outlet that the stablecoin issuer has agreed to to buy a 30% stake in the Italian media company Be Water.
However, the deal has not been officially announced yet and the source refused to be identified until the agreement goes public. A representative for Tether ( USDT ) has not responded to a request for comment regarding the deal with the Italian firm, neither has a spokesperson from Be Water.
Founded in 2021 by financier and writer Guido Brera, Be Water is a broadcast media company based in Rome, Italy. It is the parent company of podcast production firm Chora Media and Instagram-based content company Will Media, as well as the distribution and production firm Be Water Film.
It made its debut at the Cannes Film Festival last year and has partnered with major players from the Italian film industry such as screenwriter Stefano Bises and actor Alessandro Borghi.
If the deal does close, Be Water will be the company’s latest venture into multimedia companies after it invested $775 million in video sharing platform Rumble in December 2024. Most recently, the stablecoin issuer has agreed to help the platform build its own digital wallet to support creator funding.
Aside from multimedia companies, Tether’s investment portfolio covers a wide range of firms in various industries from Bitcoin ( BTC ) mining to commodity trading. At press time, USDT, has accumulated a market cap of more than $144 billion. While its daily trading volume currently stands at $23.8 billion, according to data from crypto.news.
Last month, an inside source signaled that Tether is planning to invest its $7 billion in excess reserves into more companies outside of the crypto space.
Tether user base hits 400m, up 14% since October 2024
With Tether now used by — conservatively — over 400 million people, Paolo Ardoino calls it part of a stablecoin multiverse that is only getting started.
Tether’s ( USDT ) user base has exceeded 400 million, growing by 50 million since October 2024, CEO Paolo Ardoino announced in a March 27 post on X , predicting it could reach 1 billion soon.
A new era begins : the stablecoin multiverse. Hundreds of companies and governments are launching (or will soon) their stablecoins. I'm very proud to see such massive adoption of a technology that Tether created back in 2014 🙏 Good luck everyone ♥️
Tether, the largest stablecoin issuer with USDT’s market capitalization exceeding $144.1 billion, continues expanding across emerging markets and multiple blockchains, what Ardoino described as part of a broader trend, calling it “the stablecoin multiverse” and noting that “hundreds of companies and governments are launching (or will soon) their stablecoins.”
The Tether CEO attributed the company’s growth to its focus on grassroots adoption, suggesting the company has taken a different approach from traditional financial institutions.
“We always focused on the adoption from the ground up, working in the streets, among other people, while traditional finance was watching at us from their ivory towers.”
Paolo Ardoino
Ardoino didn’t provide details on how Tether calculated its user estimates or how soon the company expects to reach the 1 billion mark. However, the stablecoin issuer has seen its expansion growing rapidly, particularly across networks like TRON, Ethereum, and other chains.
In October 2024, Tether reported 350 million users, suggesting that the latest figure represents an approximate 14% increase in less than six months. Still, competition in the stablecoin market is heating up, with Tether’s main rival Circle continuing to strengthen its presence in Asia.
Meanwhile, Tether is focusing on diversifying its investment portfolio. As crypto.news reported earlier, the stablecoin issuer is preparing to acquire a 30% stake in Be Water, a broadcast media company based in Rome, Italy.

AshuBajwaB60
2025/03/17 18:33
# The Future of Space Exploration: A Comprehensive Guide to Reusability, Private Space Companies,
Space exploration is undergoing a significant transformation, driven by technological innovations, private investment, and government initiatives. Reusability, private space companies, and deep space missions are at the forefront of this transformation, enabling more efficient, sustainable, and ambitious space exploration. In this article, we'll explore the future of space exploration, highlighting the benefits, challenges, and potential future developments of these technologies.
# Benefits of Reusability
Reusability offers several benefits, including:
1. _Reduced Launch Costs_: Reusability can significantly reduce launch costs, making space access more affordable and sustainable.
2. _Increased Launch Frequency_: Reusability can increase launch frequency, enabling more frequent and reliable access to space.
3. _Improved Reliability_: Reusability can improve reliability, reducing the risk of launch failures and improving overall mission success.
4. _Enhanced Sustainability_: Reusability can enhance sustainability, reducing the environmental impact of space exploration and promoting more responsible use of resources.
# Challenges of Reusability
Reusability also faces several challenges, including:
1. _Technical Complexity_: Reusability requires significant technical advancements, including materials science, propulsion systems, and guidance, navigation, and control.
2. _High Development Costs_: Reusability requires significant investment in research and development, which can be a barrier for companies with limited resources.
3. _Regulatory Frameworks_: Reusability requires regulatory frameworks that support reusability, including licensing, safety standards, and environmental regulations.
4. _Public Perception and Acceptance_: Reusability requires public perception and acceptance, addressing concerns about safety, reliability, and environmental impact.
# Benefits of Private Space Companies
Private space companies offer several benefits, including:
1. _Innovation and Entrepreneurship_: Private space companies promote innovation and entrepreneurship, driving technological advancements and reducing costs.
2. _Increased Efficiency_: Private space companies can increase efficiency, streamlining operations, and reducing bureaucracy.
3. _Improved Cost-Effectiveness_: Private space companies can improve cost-effectiveness, reducing launch costs, and promoting more affordable access to space.
4. _Enhanced Flexibility_: Private space companies can enhance flexibility, responding quickly to changing market demands, and adapting to new opportunities.
# Challenges of Private Space Companies
Private space companies also face several challenges, including:
1. _High Development Costs_: Private space companies require significant investment in research and development, which can be a barrier for companies with limited resources.
2. _Regulatory Frameworks_: Private space companies require regulatory frameworks that support private space activities, including licensing, safety standards, and environmental regulations.
3. _Public Perception and Acceptance_: Private space companies require public perception and acceptance, addressing concerns about safety, reliability, and environmental impact.
4. _Competition and Market Dynamics_: Private space companies face competition and market dynamics, including pricing pressures, market fluctuations, and changing customer demands.
# Benefits of Deep Space Missions
Deep space missions offer several benefits, including:
1. _Scientific Discovery_: Deep space missions can enable scientific discovery, expanding our understanding of the universe, and advancing our knowledge of astrophysics, planetary science, and biology.
2. _Technological Advancements_: Deep space missions can drive technological advancements, promoting innovation, and developing new technologies, materials, and systems.
3. _Inspiration and Education_: Deep space missions can inspire and educate, promoting STEM education, and inspiring new generations of scientists, engineers, and innovators.
4. _Potential Resources and Economic Benefits_: Deep space missions can enable the exploitation of potential resources, including minerals, water, and energy sources, promoting economic benefits, and enhancing resource security.
# Challenges of Deep Space Missions
Deep space missions also face several challenges, including:
1. _Technical Complexity_: Deep space missions require significant technical advancements, including propulsion systems, life support systems, and radiation protection.
2. _High Development Costs_: Deep space missions require significant investment in research and development, which can be a barrier for companies with limited resources.
3. _Radiation and Health Risks_: Deep space missions pose radiation and health risks, including exposure to cosmic radiation, and the effects of microgravity on the human body.
4. _Distance and Communication Challenges_: Deep space missions face distance and communication challenges, including signal delays, and the need for reliable and efficient communication systems.
# Conclusion
The future of space exploration is being shaped by technological innovations, private investment, and government initiatives. Reusability, private space companies, and deep space missions offer improved efficiency, sustainability, and ambition, but also face technical, financial, and regulatory challenges. Understanding the benefits, challenges, and potential future developments of these technologies is critical for developing effective strategies to promote sustainable space exploration.
# Recommendations
1. _Invest in Reusability Technologies_: Invest in reusability technologies, including materials science, propulsion systems, and guidance, navigation, and control.
2. **