Stablecoin giant Tether expands beyond crypto with AI services for developing markets

Tether's reserves were audited by KPMG, confirming $6.8 billion in excess assets and its gold holdings. CEO Paolo Ardoino says the company now sees itself as a digital dollar and gold firm, not just a crypto player. Tether is investing in AI applications for developing countries, along with other infrastructure projects like solar-powered kiosks.