Tether Undergoes Major Restructuring To Expand Services Beyond Stablecoins

Tether, the issuer of the USDT stablecoin, announced it is reorganizing in order to venture into broader digital asset sectors.

Tether, the stablecoin giant, recently made a noteworthy announcement concerning its future operations, echoing a bustle across the cryptocurrency space. In its official statement released today, April 18, the firm proclaimed to have embarked upon a journey to widen its area of services beyond stablecoins, delving into a range of infrastructure solutions.

TL;DR Tether's Major Restructuring: Tether, the world's largest stablecoin operator, has announced a significant restructuring to expand its mission beyond the realm of stablecoins. This expansion introduces four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu. New Business Divisions: Each division has a unique focus.

Discover how Tether is expanding beyond stablecoins with new divisions aimed at revolutionizing data, finance, power, and education in the crypto space.

The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).

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