The issuer of the world’s largest stablecoin USDT, Tether, is undergoing restructuring within the company.
According to a statement by Tether, the company, which operates beyond the stablecoin market, has been divided into four divisions internally.
The divisions, named Data, Mining, Power, and Edu, will invest in technology, financial infrastructure, Bitcoin mining, and digital education respectively.
Tether CEO Paolo Ardoino commented, “We disrupted the traditional finance space with the world’s first and most trusted stablecoin. Now we dare to promote inclusive infrastructure solutions and eliminate traditional systems in the name of fairness.”
