Tether invests $25 million in decentralized telecom for mobile connectivity
Tether puts $25M into decentralized mobile connectivity
Tether invested $25 million in a decentralized mobile connectivity protocol. The company disclosed the deal on its site here.
The move pushes Tether deeper into telecom infrastructure and physical networks. It signals activity beyond issuing USDT.
- Tether commits $25M to a decentralized mobile network according to the company.
- The company frames this as part of building connectivity infrastructure in its announcement.
- The investment expands Tether’s scope beyond stablecoin operations as stated by Tether.
Tether says it is widening its field of ambition. It is buying into infrastructure around digital money per the release.
