Tether Supports $1 Billion Renewable Energy Project

The post Tether Supports $1 Billion Renewable Energy Project appeared first on Coinpedia Fintech News

Tether, a Stablecoin issuer, has made investments in El Salvador’s $1 billion renewable energy initiative, aimed at promoting the acceptance of Bitcoin within the country. As one of the entities involved in this initiative, Tether is joining efforts to allocate resources toward Volcano Energy, a company focused on generating electrical power through renewable sources like solar and wind energy. The goal is to leverage these renewable energy resources to support upcoming Bitcoin mining activities in the region.