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Tether, the issuer of the world’s largest stablecoin USDT, has announced a major reorganization to align with its expanding role in the digital assets realm. To support its broadened mission, the company has launched four new divisions: Data, Finance, Power, and Edu. These divisions will respectively focus on technology investments including AI, management of the $100 billion market cap USDT stablecoin, bitcoin mining initiatives, and educational efforts in digital finance. This move highlights Tether’s commitment to enhancing a sustainable and innovative financial ecosystem, leveraging advanced technologies and significant investments in cryptocurrency mining and AI.
Established a decade ago, Tether has continually invested in sectors beyond its flagship stablecoin, reflecting the growing significance of these ventures. Recent investments include bitcoin mining operations in Uruguay and a payment processor in Georgia, as well as a partnership with data cloud provider Northern Data Group. Despite facing scrutiny over the transparency of its reserve holdings, Tether’s new strategic focus underscores its drive toward empowering global financial systems and fostering responsible technological growth.