Tether, the developer of the world's largest stablecoin, said it is reorganizing as it expands into other areas of digital assets.
USDT issuer formed four divisions – Data, Finance, Power, and Edu(cation) – to handle strategic investments in technology, financial infrastructure, bitcoin mining, and digital education respectively.
Tether's USDT is the largest stablecoin with over $100 billion market cap, but it faces scrutiny for the lack of transparency in the reserves backing USDT.
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