Tether (USDT), the stablecoin issuer, has announced its plans to expand its offerings beyond dollar-pegged crypto assets. The company is adding four new divisions to its business model – data, finance, power, and education – with the goal of creating a comprehensive financial and tech ecosystem that is future-proof and inclusive.

This expansion marks a significant shift in Tether’s approach to financial empowerment. The company aims to focus on sustainable solutions that cater to the needs of individuals, communities, cities, and countries. It plans to contribute actively to a future-proof financial and tech ecosystem by investing in emerging technologies like artificial intelligence (AI) and peer-to-peer platforms, responsible Bitcoin mining, and decentralized communication platforms.

Tether Data will concentrate on the development and investment of emerging technologies, including AI and peer-to-peer platforms. Tether Power will venture into the world of crypto mining, specifically Bitcoin (BTC). Tether Finance will build financial infrastructure, including a digital asset tokenization platform. Lastly, Tether Edu aims to expand knowledge of digital assets worldwide.

Paolo Ardoino, the CEO of Tether, stated, “Thriving together is in our DNA. We disrupted the traditional financial landscape with the world’s first and most trusted stablecoin. Now, we’re daring to kickstart inclusive infrastructure solutions, dismantling traditional systems for fairness. With this evolution beyond our traditional stablecoin offerings, we are ready to build and support the invention and implementation of cutting-edge technology that removes the limitations of what’s possible in this world.”

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