Tether's Expanding Influence in Finance and Technology

According to Odaily, Alex Thorn, head of research at Galaxy Research, highlighted Tether's extensive investment and business operations in a post on the X platform titled "Don't Underestimate Tether." Tether's USDT stablecoin has a circulation supply exceeding $185 billion. The company has diversified its investments into agriculture and robotics, operates Bitcoin mining and high-performance computing data centers, and is developing AI health applications (QVAC) and a private communication app (Keet). Recent reports indicate that Tether has become the largest centralized finance (CeFi) lending institution in the cryptocurrency sector, with loans surpassing $14 billion. Additionally, it has distributed over $10 billion in dividends to shareholders in the first nine months of this year.