The American Tether, the issuer of the USDT stablecoin, announced the separation of four areas of its business into separate subsidiaries: data processing, finance, energy and education.

The companies were named Tether Data, Tether Finance, Tether Power and Tether Edu.

Tether Data will focus on investing in emerging technologies, including artificial intelligence (AI) and peer-to-peer platforms. Tether Finance will finance the development of the USDT stablecoin ecosystem, as well as support technologies that are changing the global financial system.

Tether Power intends to invest and attract third-party investments in the development of advanced energy technologies for bitcoin mining, and Tether Edu promises to develop educational projects, for example, such as “Plan B” of the Swiss city of Lugano or the training platform of the Academy of Digital Industry.

“Tether's expansion beyond the well-established USDT stablecoin represents a paradigm shift in the approach to financial inclusion. The company intends to focus on sustainable inclusive solutions tailored to the needs of individuals, communities, cities and countries, responsible Bitcoin mining, artificial intelligence infrastructure and decentralized communication platforms,” Tether said in an official statement.

Earlier, Tether CEO Paolo Ardoino announced the launch of a non-custodial tokenization platform that will be available to all users and will support a variety of blockchains and assets.