Tether names ex-Google, Limestone executive as chief business officer

Core Insights - Tether has appointed Benjamin Habbel as its chief business officer to expand its investments beyond digital assets [1][3] - The company aims to enhance its growth strategy and portfolio, which includes sectors like AI, telecommunications, bitcoin mining, energy, cloud computing, and real estate [2][3] - Tether's USDT stablecoin has a market capitalization of approximately $173 billion [2] - The firm invested $200 million in Blackrock Neurotech last year, acquiring a majority stake in the U.S. brain implant company [2] - Tether is positioning itself as a technology and financial services company, moving beyond its identity as a stablecoin issuer [3][4] - The company is looking to expand its presence in the U.S. market, benefiting from favorable regulatory conditions [3]