
Tether has invested stablecoin profits into 140 projects spanning agriculture to sports and plans to expand its team to 450 employees, according to Cointelegraph.
Tether, the largest stablecoin issuer, announced on Feb. 9 that it has invested profits from its stablecoin business into 140 projects across diverse sectors such as agriculture and sports. The move reflects its broad diversification strategy beyond crypto infrastructure. The company also revealed plans to expand its workforce from roughly 300 to 450 employees, signaling a significant scale-up in operations, according to Cointelegraph.