In brief
- QVAC Health stores biometric and activity data locally instead of using cloud servers.
- The release follows Tether’s $81 million investment in a humanoid robotics startup.
- The company is yet to explain how its non-crypto ventures fit into its long-term plan.
Tether, the issuer of the world’s largest stablecoin, is making an unlikely pivot into consumer health.
The company launched a wellness app, QVAC Health Wednesday, marking its latest attempt to diversify beyond the crypto industry.
Its rollout comes just days after Tether backed a humanoid robotics firm, signaling a strategy that increasingly relies on reinvesting its interest-income windfall into disparate technology sectors.
The move is a sharp departure for a company…
