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News Explorer — Stablecoin Issuer Tether Expands Into Sustainable Mining, Emerging Technologies, Education, and Financial Services

Generated by AI, curated by humans


Apr 19, 6:03 am
Unchained Crypto

Stablecoin Issuer Tether Expands Into Sustainable Mining, Emerging Technologies, Education, and Financial Services

Tether, the company behind USDT stablecoin, has announced its expansion into different divisions including Tether Power for sustainable Bitcoin mining, Tether Data for emerging technologies, Tether Edu for educational initiatives, and Tether Finance for stablecoin products and financial services. Tether is the largest stablecoin with a market capitalization of $109 billion and generated an estimated $6.2 billion in net income in 2023.

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