Tether expands its territory, launching a decentralized infrastructure with all four arrows flying.
The leading stablecoin issuer Tether announced the establishment of four new business divisions to advance beyond stablecoins into the broader financial and technological ecosystem, offering a range of new decentralized infrastructure solutions to fulfill a more extensive mission.
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Tether's tech department focuses on the development and strategic investment in emerging technologies such as artificial intelligence and P2P platforms. For example, investments in Holepunch to promote groundbreaking P2P technologies like Keet and Pear Runtime, as well as strategic investments in the Northern Data Group, a former Bitcoin mining company that has transitioned into a cloud GPU operator.
Tether and Bitfinex collaborate to create the cryptographic application platform Holepunch, launching the free communication program Keet
Tether provides €575 million in unsecured debt financing! Strategic investment in Northern Data
Tether Finance – Digital Asset Services DepartmentTether Finance is the cornerstone of Tether's traditional stablecoin products and financial services, advocating for the democratization of the global financial system through technology. Tether Finance is set to pioneer the establishment of financial infrastructure using blockchain technology, including the upcoming digital asset tokenization platform, to promote mainstream adoption of digital assets.
Tether Power – Sustainable Bitcoin Mining and Energy DepartmentTether's mining and energy department is venturing into sustainable Bitcoin mining operations to ensure the integrity of the world's most powerful currency network.
Tether Edu – Digital Education and Progress Transformation DepartmentTether Edu is dedicated to expanding global digital skills education coverage. Tether Edu's investment portfolio includes public-private partnerships such as Plan B in Lugano and investments in platforms like the Academy of Digital Industries.
Introduction to the Plan B Bitcoin Summer Course Program
Tether CEO Paolo Ardoino stated:
Tether's development beyond traditional stablecoin products enables it to support the invention and implementation of technology, allowing individuals, communities, cities, and countries to be self-sustaining, independent, and free.