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Tether announces restructuring to go beyond stablecoins

Tether announces restructuring to go beyond stablecoins

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Source: Coin Telegraph

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether — the operator of the eponymous Tether (USDT) stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond stablecoin development.

The stablecoin giant has launched a new framework introducing four new business divisions, including Tether Data, Tether Finance, Tether Power and Tether Edu, according to an official announcement on April 18.

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

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Author: Helen Partz