Tether has announced the deployment of its stablecoin profits into 140 diverse investments, ranging from agriculture to sports, according to a report by the Financial Times. This strategic move is part of Tether's broader plan to diversify its investment portfolio and enhance its market presence.
In addition to expanding its investment reach, Tether plans to increase its workforce significantly. The company aims to scale its headcount to 450 employees, reflecting its commitment to growth and development in the rapidly evolving cryptocurrency sector.
Tether Expands Investment Portfolio and Workforce
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