Tether Announces Restructuring To Go Beyond Stablecoins
Tether, the world’s largest stablecoin by market value, is restructuring to introduce four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu.
The new divisions aim to expand Tether’s mission to provide infrastructure solutions, investments, and services.
Tether Data will focus on strategic investments in technologies like artificial intelligence and peer-to-peer platforms.
Tether Finance will serve as the hub of Tether’s traditional stablecoin products and financial services, aiming to democratize the global financial system.
Tether Power will focus on Tether’s mining and energy efforts, while Tether Edu will focus on digital education and blockchain adoption promotion.
Tether CEO Paolo Ardoino said the company is “daring to kick-start inclusive infrastructure solutions, dismantling traditional systems for fairness.” The company is ready to build and support the invention and implementation of cutting-edge technology that removes the limitations of what’s possible in the world.
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