Tether Diversifies into AI, Green Mining, and Education Amid Scrutiny

April 18, 2024
Tether Diversifies into AI, Green Mining, and Education Amid Scrutiny
  • Tether is diversifying with four new business divisions: Data, Finance, Power, and Education.

  • The Data division will concentrate on artificial intelligence and peer-to-peer technologies.

  • The Finance division will maintain a focus on stablecoin offerings and financial services.

  • Tether Power aims to engage in sustainable Bitcoin mining practices.

  • Tether Edu will endeavor to enhance global digital skills accessibility.

  • The expansion is set against a backdrop of regulatory scrutiny and concerns over illicit use of Tether's stablecoin.

  • Despite challenges, Tether's growth into new areas may contribute to a more inclusive digital asset economy.

Summary based on 9 sources


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Tether announces restructuring to go beyond stablecoins


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