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Tether expands operations by investing in crypto companies and artificial intelligence companies
According to CryptoPotato, Tether, the largest issuer of stablecoins, is actively investing in crypto and artificial intelligence (AI) startups. The move indicates Tether's interest in expanding its operations beyond stablecoins. In recent months, the company has ventured into sectors such as peer-to-peer communications, bitcoin mining, renewable energy and artificial intelligence.
Tether's latest investment is in XREX, a blockchain