Crypto giant Tether appoints Benjamin Habbel as chief business officer, expanding investments beyond digital assets. Habbel, former CEO of Limestone Capital and Google executive, will oversee growth strategy, finance, and portfolio expansion. Tether’s stablecoin USDT, pegged to USD, has $173 billion market cap, with investments in various sectors including AI and real estate. Tether aims to accelerate evolution into technology and financial services with Habbel’s appointment. The move comes as Tether looks to expand in the US amid favorable crypto regulations and the launch of USAT stablecoin. Tether solidifies its position as a leading stablecoin issuer, offering tokens tied to traditional currencies for stability and value backed by reserves.

Read more at Yahoo Finance: Tether names ex-Google, Limestone executive as chief business officer