Tether, the issuer of the world's largest stablecoin USDT, will add four new strategic divisions, including Tether Data, Tether Finance, Tether Power and Tether Edu, according to the company's social media post.

This development is part of Tether's plan to expand its stablecoin offering. USDT's market capitalization is currently around $107 billion, well ahead of the second-largest stablecoin USDC.

Through new directions, Tether aims to create a forward-looking financial and technology ecosystem that promotes financial freedom, decentralization and greater adoption of digital assets.

The company's goal is customizable solutions to individual and social needs, taking into account sustainability. They want to empower individuals and communities financially.

According to Tether, Tether Data invests in and develops new technologies such as artificial intelligence (AI) and peer-to-peer platforms. Previously, Tether announced its decision to engage in artificial intelligence. The company aims to set a new standard for the industry with open-source artificial intelligence models.

Tether Finance focuses on traditional stablecoin products and financial services with the goal of building a more democratic financial system using blockchain technology. The company is also introducing a future digital asset tokenization platform.

Tether CEO Paolo Ardoino said on Monday that Tether will launch a tokenization platform. As noted, the new platform will support multiple chains, tokens and will not be tied to storage. Ardoino added that this will allow everything to be tokenized, even bonus points for purchases.

In addition, Tether Power is engaged in sustainable Bitcoin mining to ensure the security of the Bitcoin network. Finally, Tether Edu's goal is to provide education and awareness about digital technologies such as blockchain. The company has partnered with various institutions to promote widespread adoption of these technologies.

“With this development going beyond our traditional stablecoin offerings, we are poised to create and support the invention and adoption of cutting-edge technologies that address the limitations of what is possible in this world,” Ardoino said. “We use technology to empower individuals, communities, cities and nations to become self-reliant, independent and free. Be invincible together."

Last year, Tether increased its Bitcoin mining in Uruguay and focused on payment processing in Georgia. The company recently said it was close to completing a $500 million investment in Bitcoin mining.

In artificial intelligence, Tether loaned $610 million to cloud service provider Northern Data Group and invested $420 million to purchase a GPU from Nvidia. The moves have already signaled the company's plans to expand its focus on artificial intelligence.

Meanwhile, Tether remains under strict control when it comes to asset guarantees for USDT. The largest stablecoin issuer in the cryptocurrency market achieved profits of up to $6.2 billion in 2023.

In an interview with DL News, Tether CEO Paolo Ardoino said that the reason the company has not yet received an asset audit report is because the Big Four giants refused to provide services. Perhaps these organizations are afraid that cooperation with Tether will damage their reputation.

Despite this, Ardoino said Tether's top priority is to work with one of these auditors.

Not only is Tether the driving force behind the dominant stablecoin, but it is also one of the largest holders of Bitcoin. Tether's Bitcoin holding is reported to have 75,354 Bitcoins, which is approximately $5.24 billion. The company recently added 8,888 Bitcoin to its assets.

Tether first announced its investment in Bitcoin in its Q1 2023 asset certification report. The company then added that it would deduct 15% of its profit surplus each month to reallocate reserve assets from government bonds to bitcoin.