A Tether, broadcaster of the largest stablecoin of the USDT market, announced, on April 18, a restructuring of the company aimed at introducing new divisions that go beyond stablecoin development. In its official announcement, the broadcaster disclosed the launch of a new structure introducing four new business divisions, which include Tether Data, Tether Finance, Tether Power and Tether Edu.
“Tether, the largest company in the digital asset sector, is embarking on an unstoppable journey beyond its most famous USDT offering. Tether will expand its mission to provide a range of infrastructure solutions for a more inclusive world. Working towards this new structure are four new and distinct business divisions within Tether – Data, Finance, Energy, Education.”
According to the company, by announcing this new business structure, Tether will direct the following business divisions towards its broader mission of building an unstoppable, future-proof world: Tether Data – Strategic Technology Investments Division; Tether Finance – Digital Asset Services Division; Tether Power – Bitcoin Mining and Sustainable Energy Division; Tether Edu – Digital Education and Advancement Transformation Division.
“Thriving together is in our DNA. We revolutionized the traditional financial landscape with the world's first and most trusted stablecoin. Now, we dare to kickstart inclusive infrastructure solutions, dismantling traditional systems for justice,” said Paolo Ardoino, CEO of Tether. “With this evolution beyond our traditional stablecoin offerings, we are ready to build and support the invention and implementation of cutting-edge technology that eliminates the limitations of what is possible in this world. We are Tether. We use technology to empower individuals, communities, cities and nations to become self-sustainable, independent and free. Be unstoppable, together.”
It is worth remembering that Tether announced, on March 26, its expansion and greater focus on Artificial Intelligence (AI). The company's announced strategic expansion of Tether data's AI focus will be concentrated in several key areas, according to the official statement. The broadcaster of USDT revealed its plans to pioneer the development of open-source, multimodal AI models to set new standards in the industry.
