USDT-Backed Platforms See Surge as XRP Investors Diversify into Cloud Mining via SIX MINING

As the cryptocurrency market evolves, XRP investors are increasingly turning to cloud mining platforms like SIX MINING, which recently secured $68 million in Series A funding. The platform’s appeal lies in its user-friendly approach, offering stable returns without the need for costly hardware and supporting multiple cryptocurrencies, including USDT, for deposits and withdrawals.

XRP Investors Flock to SIX MINING for Cloud Mining Opportunities

SIX MINING is attracting XRP investors seeking high-return cloud mining opportunities. The platform’s growth is highlighted by a recent $68 million Series A funding round and the influx of Ripple (XRP) holders. It offers easy mining journeys with rewards upon registration, stable income without the need for expensive mining machines, and support for multiple cryptocurrency deposits and withdrawals, including BTC, ETH, SOL, XRP, and more. Upcoming mining machine upgrades and technological innovations are also on the horizon.

Tether in US Regulatory Talks Over Stablecoin as Possible ‘Settlement Currency’

Tether’s chief executive Paolo Ardoino has revealed that the stablecoin issuer is in talks with US officials regarding potential regulations for stablecoins. These discussions view stablecoins as an important instrument for the United States. Ardoino mentioned that if new rules make the US domestic stablecoin market more competitive, Tether may even consider launching a dollar-pegged token specifically tailored for the domestic market. He did not elaborate on the details of the discussions but expressed interest in creating such a domestic stablecoin in the US if the conditions are favorable.

Tether’s US-Exclusive Stablecoin To Be A Reality Soon

Despite having $144 billion of tokens in circulation globally, Tether, the issuer of the world’s largest stablecoin (USDT), currently does not accept customers in the US. However, Tether’s US-exclusive stablecoin comes as a response to President Donald Trump’s vocally favourable stance towards cryptocurrency regulation. “We are the boots on the ground,” Tether Chief Executive Paolo Ardoino told MarketWatch recently, “building the biggest distribution network, physical and digital, for the US dollar ever in the history of humanity.” According to a 7th April 2025 FT report, Ardoino said that if the new rules make US domestic stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin in the US.