Tether’s ambition to enterprise into asset tokenization, a red-hot pattern on the intersection of crypto and conventional finance, has been well-documented as the corporate strives to diversify from its highly-profitable stablecoin enterprise. The corporate points the $126 billion greenback stablecoin USDT and the $600 million gold-backed token XAUT, and reported f $7.7 billion in group-wide web income this yr up to now, largely from the yield on its $80 billion stockpile of U.S. Treasuries. It has used the income to put money into startups, bitcoin mining, vitality manufacturing and AI.
