Tether Pivots to Wellness Apps and Robotics in Latest Step Away from Crypto
Tether, known for issuing the world’s largest stablecoin, has launched QVAC Health, a wellness app aggregating biometric data from wearables like Oura Ring and Apple Health. The app, available on iOS and Android, emphasizes data privacy by storing information locally rather than in the cloud and uses Tether’s decentralized QVAC AI framework to analyze user health metrics. It includes an experimental feature that estimates caloric intake from meal photos, placing it in competition with major diet-tracking apps. This move is part of a broader strategy fueled by profits from U.S. Treasury bills, with Tether investing recently in robotics, AI, and other technology sectors unrelated to its crypto core. Tether CEO Paolo Ardoino frames the company’s diversification as ideological, aiming to empower users with privacy and control over their personal data. The launch positions Tether in the competitive decentralized health market as it expands into sectors beyond digital finance.
