Tether is launching new divisions with a new focus on AI, finance, bitcoin mining and education

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Tether is establishing four new divisions that will focus on information, finance, energy (Bitcoin mining and energy), and education. The new innovations are part of the company's ongoing efforts to build a financially and technologically inclusive future, Teter shared in a news release today.

According to the team, the new divisions named Tether Data, Tether Finance, Tether Power and Tether Edu target a wide range of services such as data management, financial services built on blockchain technology, sustainable Bitcoin mining, artificial intelligence (AI). ), and the digital education initiative.

Beyond its core mission of offering USDT, Tether's mission is to create financial products and services that are accessible to everyone, regardless of location or background.

This includes building an infrastructure that supports the adoption of digital assets and educating people about these new technologies. He said that Tether has partnered with various institutions and initiatives to make these technologies widely used.

Specifically, the company seeks to create a democratic financial system using blockchain technology. Tether also announced plans to launch a digital asset token platform, making it easier for people to participate in the digital asset space.

Earlier this week, Tether CEO Paolo Arduino hinted that Tether will soon launch its own tokenization platform. The platform will be fully customizable and customizable with multi-chain and multi-asset support. Arduino says it can tokenize everything from bonds, stocks or funds to rewards points.

Arduino believes the new innovations will lead to an unproven financial and technological ecosystem that is accessible, sustainable and empowers individuals and communities worldwide.

“Together development is in our DNA. We disrupted the traditional financial landscape with the world's first and most trusted stable coin. Now, we dare to disrupt traditional systems for equity and launch inclusive infrastructure solutions,” Arduino said.

“In this evolution beyond our traditional Statcoin offerings, we are ready to build and support the invention and implementation of technology that removes the limitations of what can exist in this world. We are Tether. We use technology to empower individuals, communities, cities and nations to become self-governing, free and independent.” “Stand together,” he added.

Last week, Arduino announced that Tether's $500 million Bitcoin mining project was nearing completion. The investment was used to establish mining facilities and renewable energy plants in Uruguay, Paraguay and El Salvador. The company aims to make Bitcoin mining more decentralized.

Last month, Tether publicly announced its expansion into AI to address concerns about monopolizing technology development in the sector. The company focuses on developing open source models and developing new industry standards.

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