Tether Undergoing Restructuring
April 19, 2024
Stablecoin issuer Tether has announced a restructuring of the entire company, creating four new departments: Tether Data, Tether Finance, Tether Power, and Tether Edu(cation). Tether Finance will oversee the company’s USDT stablecoin, while Tether Power will be responsible for the company’s investments in bitcoin mining. Tether Data will manage technological strategic investments, and Tether Edu will host various educational initiatives.