Tether, the company behind the USDT stablecoin, is venturing into other areas of the digital asset industry.

In a blog post on Thursday, the firm unveiled a framework to reorganize into four different divisions: Tether Power, Tether Data, Tether Edu and Tether Finance.

“With this evolution beyond our traditional stablecoin offerings, we are ready to build and support the invention and implementation of cutting-edge technology that removes the limitations of what’s possible in this world,” said Tether CEO Paolo Ardoino.

Tether Power will venture into sustainable Bitcoin mining operations — an area that has been in focus for the firm for quite a while. Last week, Ardoino told DL News that Tether’s $500 million expansion plan to build mining facilities powered by renewable energy stations in Uruguay, Paraguay and El Salvador was nearing completion.

Tether Data will be a technology division that specializes in developing and investing in emerging technologies such as artificial intelligence (AI) and peer-to-peer platforms. The company announced a strategic expansion of its AI focus last month, noting that it plans to dive deeper into developing  open-source, multimodal AI models to set new industry standards.

As the name suggests, Tether Edu will focus on educational initiatives to drive blockchain adoption. Its portfolio includes investments into platforms such as Academy of Digital Industry in Georgia and Thailand’s largest exchange Bitkub.

Meanwhile, Tether Finance will continue to facilitate the firm’s stablecoin products and financial services. Based on the blog post, however, it appears that this division will expand into building financial infrastructure such as a tokenization platform. 

USDT is the largest stablecoin with a market capitalization of $109 billion, and was the most traded digital asset over the last day with $70 billion in trading volume. 

According to data from Arthur Hayes’ Maelstrom Fund, Tether produced an estimated $6.2 billion worth of net income in 2023.