Tether’s Expands Into 4 Divisions Looking Beyond Stablecoins

Tether’s Expands Into 4 Divisions Looking Beyond Stablecoins

full version at coinedition
  • Tether reorganizes to expand beyond its stablecoin, creating four divisions: Data, Finance, Power, and Edu.
  • Tether Data focuses on AI and peer-to-peer platforms.
  • Tether Finance aims to transform finance using blockchain.

Tether, the issuer of the world’s biggest stablecoin, has announced a significant reorganization as it plans to expand into other digital sectors. According to a release on Tether’s website, the restructuring involves establishing four distinct divisions to accommodate its growing operations.

These divisions include Data, Finance, Power, and Edu(cation). The Data division will handle the company’s interest in technology, while Finance will focus on improving financial infrastructure. Meanwhile, Power will concentrate on ventures related to Bitcoin mining, and Edu(cation) will ensure the smooth operation of initiatives in digital education.

Tether Data develops and invests in cutting-edge technologies like AI and peer-to-peer platforms. It has made notable progress with projects including Holepunch, propelling advancements in P2P technologies such as Keet and Pear Runtime. Additionally, Tether Data has invested strategically in Northern…

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