Tether, the company behind the popular stablecoin of the same name, is undergoing an organizational restructuring to expand its services beyond stablecoin development.
The company has launched a new framework with four divisions – Tether Data, Tether Finance, Tether Power, and Tether Edu.
With these new divisions, Tether seeks to offer a wider range of infrastructure solutions, investments, and services.
Tether Data will focus on investing in new technologies such as artificial intelligence and peer-to-peer platforms.
Tether Finance will serve as the hub for its stablecoin products and financial services, with the goal of making the global financial system more inclusive.
Tether Power will oversee the company’s mining and energy efforts, while Tether Edu will focus on promoting blockchain adoption through digital education.
