Tether has become the largest centralized finance (CeFi) lender in the cryptocurrency sector, with over $14 billion in outstanding loans, according to a report by Alex Thorn, research director at Galaxy Research. The report highlights Tether's expansive business operations, including investments in agriculture and robotics, Bitcoin mining, and high-performance computing data centers. Additionally, Tether has developed an AI health application and a private communication app. The circulating supply of Tether's USDT stablecoin has surpassed $185 billion, underscoring its significant market presence. In the first nine months of this year, Tether paid over $10 billion in dividends to its shareholders, reflecting its robust financial performance and strategic investments.