"Tether estimates that the reserves backing USDT will help it generate about $15 billion in profits this year, buoyed by high interest rates. The El Salvador-based company has been deploying those profits to widen its footprint across multiple sectors, from commodities to artificial intelligence, to sports. Tether has been especially active in AI and data, moves that Chief Executive Paolo Ardoino has said are aimed at bringing about a version of the internet where people control their own information. The stablecoin issuer is also the backer of Blackrock Neurotech, a maker of brain-computer interface technology."

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