Tether, the company behind the $186 billion USDT stablecoin, is moving beyond its crypto roots with a privacy-focused health and wellness app.
On Wednesday, the company launched QVAC Health, based on its AI development platform and designed to give users control by tracking their fitness, nutrition and biometric data across devices.
The app allows users to monitor their health data (such as step counters, sleep trackers, fitness apps) and keep it offline and encrypted on their personal devices without passing through commercial servers or being collected for advertising, the firm said.
“QVAC Health reflects the company’s commitment to privacy-preserving local intelligence,” said Tether CEO Paolo Arodino. “You shouldn’t have to choose between using the best hardware on the market and maintaining your privacy. We’re breaking down the walls between Big Tech ecosystems so you can have a complete view of your health.”
The move marks Tether’s latest push into decentralized technology infrastructure and artificial intelligence (AI), expanding beyond finance and digital assets. Tether has created QVAC, a decentralized AI platform to deploy agents and applications that can run entirely on devices, bypassing centralized cloud infrastructures.
Earlier this week, Tether said it invested in an Italian company, Generative Bionics, as part of the startup’s €70 million ($81.5 million) fundraising round. The company develops intelligent humanoid robots with advanced artificial intelligence, and has plans for industrial deployment starting next year.
Before that, Tether bought a majority stake in Blackrock Neurotech, a brain-computer interface company, for $200 million.
