Tether, the company behind the $186 billion stablecoin USDT, is moving further beyond its crypto roots with a privacy-focused health and wellness app.
On Wednesday, the company rolled out QVAC Health, built on its AI development platform and designed to allow users to monitor their fitness, nutrition and biometric data across devices.
The app allows users to monitor their health data – like step counters, sleep trackers, workout apps – and keep it offline and encrypted on their personal devices without going through commercial servers or being harvested for advertising purposes, the company said.
“QVAC Health reflects the company’s commitment to privacy-preserving local intelligence,” said Paolo Arodino, CEO of Tether. “You shouldn’t have to choose between using the best hardware on the market and preserving your privacy. We’re breaking down the walls between big tech ecosystems so you can get a complete view of your health.”
The move marks Tether’s latest push into decentralized technology infrastructure and artificial intelligence (AI), extending beyond finance and digital assets. Tether built QVAC, a decentralized AI platform for deploying agents and applications that can run entirely on devices, bypassing centralized cloud infrastructures.
Earlier this week, Tether announced that it had invested in 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 plans industrial deployment as early as next year.
Before that, Tether purchased a majority stake in Blackrock Neurotech, a brain-computer interface company, for $200 million.
