Tether's New CEO Reshapes the Company Amid Market Uncertainty
With $111 billion in assets and $6 billion in profits, Tether, a leading stablecoin provider, is undergoing restructuring under its new CEO to adapt to the evolving crypto landscape.
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With $111 billion in assets and $6 billion in profits, shadowy stablecoin merchant Tether has emerged as crypto’s most profitable company. Now it's restructuring, moving into bitcoin mining, AI and education.
Read the full story on Forbes: https://www.forbes.com/sites/ninabambysheva/2024/05/09/how-crypto-giant-tethers-new-ceo-is-remaking-the-company-for-the-apocalypse/?sh=42c9bb6765d2
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Read the full story on Forbes: https://www.forbes.com/sites/ninabambysheva/2024/05/09/how-crypto-giant-tethers-new-ceo-is-remaking-the-company-for-the-apocalypse/?sh=42c9bb6765d2
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Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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782
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Duration
5:35
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Published
May 21, 2024
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