Tether, issuer of the popular stablecoin USDT, has announced a reorganization to expand its involvement in various digital asset sectors.
In keeping with its growing focus, the company has established four divisions. The first, "Tether Finance," will oversee the management of the USDT stablecoin, while "Tether Power" will handle the company's investments in Bitcoin mining. "Tether Data" will be responsible for strategic investments in technology. The fourth division, "Tether Edu," will oversee educational initiatives.
Subscribe to our Telegram channel to get weekly short digests about events that shape the crypto world
The company has stated that by offering sustainable solutions tailored to the needs of individuals, communities, cities and countries and investing in responsible Bitcoin mining, AI infrastructure and decentralized communication platforms, Tether is actively contributing to a secure and forward-looking financial and technology ecosystem.