Tether, the company behind the $186 billion USDT stablecoin, is moving further beyond its crypto roots with a privacy-focused health and wellness app.
On Wednesday, the firm rolled out QVAC Health, built on its AI development platform and designed to bring control to users tracking their fitness, nutrition and biometric data across devices.
The app lets users monitor their health data — like step counters, sleep trackers, workout apps — and keep them offline and encrypted on their personal devices without passing through commercial servers or being harvested for advertising, the firm said.
“QVAC Health reflects the company’s commitment to privacy-preserving local intelligence,” Tether CEO Paolo Arodino said. “You shouldn’t have to choose between using the best hardware on the market and maintaining your privacy. We are breaking down the walls between Big Tech ecosystems so you can own the full picture 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 built QVAC, a decentralized AI platform to deploy agents and applications that can fully run on devices, bypassing centralized cloud infrastructures.
Earlier this week, Tether said it invested in an Italy-based company Generative Bionics as part of the startup’s 70 million euros ($81.5 million) fundraising round. The firm develops intelligent humanoid robots with advanced artificial intelligence, with plans for industrial deployment as early as next year.
Before that, Tether bought a majority stake in Blackrock Neurotech, a brain-computer interface company, for $200 million.