Published by Global Banking & Finance Review®
Posted on September 24, 2025
2 min readLast updated: January 21, 2026
Add as preferred source on GoogleTether appoints ex-Google exec Benjamin Habbel as Chief Business Officer to expand investments beyond digital assets and grow in the U.S. market.
(Reuters) -Crypto giant Tether has appointed Benjamin Habbel as its chief business officer, the company said on Wednesday, as it looks to broaden its investments beyond digital assets.
Habbel, who served as CEO of private equity firm Limestone Capital and held senior roles at Google, will oversee Tether's growth strategy, finance, investment and portfolio expansion.
The company said he will also work with its existing portfolio, which spans sectors including artificial intelligence, telecommunications, bitcoin mining and energy, cloud computing and real estate.
El Salvador-based firm's USDT stablecoin, which is pegged to the U.S. dollar, has a market capitalization of about $173 billion, according to data from CoinGecko.
Last year, Tether invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company.
"Tether isn't just a stablecoin company — it's The Stable Company," Chief Executive Paolo Ardoino said in a statement, adding that Habbel's appointment would help accelerate the firm's evolution into technology and financial services.
The move comes as Tether seeks to expand in the United States, where crypto firms have gained from President Donald Trump's supportive stance on the sector and the rollout of a U.S.-focused stablecoin, USAT.
Tether has cemented its role as the leading stablecoin issuer, providing tokens tied to traditional currencies to reduce volatility and hold a steady value backed by reserves.
(Reporting by Prakhar Srivastava in Bengaluru; Editing by Alan Barona)
Tether has appointed Benjamin Habbel as its chief business officer.
He will oversee Tether's growth strategy, finance, investment, and portfolio expansion, which includes sectors like AI, telecommunications, and real estate.
The USDT stablecoin has a market capitalization of about $173 billion, according to CoinGecko.
Last year, Tether invested $200 million in Blackrock Neurotech, acquiring a majority stake in the U.S. brain implant company.
Tether has established itself as the leading stablecoin issuer, providing tokens tied to traditional currencies to reduce volatility and maintain a steady value.
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