Tether appoints ex-Google executive Benjamin Habbel as chief business officer
- CryptoQuinn
- September 26, 2025
- Fintech
- 0 Comments
Tether’s strategic leadership expansion
Tether has made another significant executive appointment, bringing on Benjamin Habbel as its new chief business officer. The move positions someone with deep experience from both Google and Limestone Capital to lead the company’s investment strategy across multiple emerging sectors.
Habbel will oversee organizational growth, finance, and the expansion of Tether’s investment portfolio. His mandate involves advancing what the company calls “resilient infrastructure” for a decentralized future. This represents a clear shift beyond Tether’s original focus on digital payments.
From stablecoins to diversified investments
Tether CEO Paolo Ardoino expressed confidence in Habbel’s ability to accelerate the company’s evolution into what he described as a “global technology and financial leader.” The appointment comes at a time when Tether is exploring substantial capital raises and expanding far beyond its stablecoin roots.
Habbel will be directly involved with portfolio companies spanning artificial intelligence, telecommunications, and Bitcoin mining. Tether currently holds approximately 92,646 BTC, valued at around $10.47 billion, making it a significant player in the mining sector.
Habbel’s background and Tether’s expansion
The new CBO brings a unique combination of Silicon Valley scaling expertise and Wall Street financial discipline. During his time at Google, Habbel played leadership roles in the expansion of core products like Android and Google Maps, earning the company’s prestigious OC Award for innovation.
After Google, he founded and led software ventures to successful exits before spending nearly a decade as CEO of Limestone Capital. There, he grew the alternative asset manager into a global platform overseeing $1 billion in assets.
This appointment follows another high-profile hire last month when Tether brought on Bo Hines, former Executive Director of the White House Crypto Council, as a Strategic Advisor for U.S. strategy. These moves reflect Tether’s broader ambitions beyond digital assets.
Tether’s growing investment portfolio
The company has been making waves with substantial investments in various sectors. It recently acquired a controlling 70% stake in Adecoagro, a sustainable agriculture company, and made a significant investment in Elemental Altus, a gold royalty firm.
Tether has also taken strategic positions in media entities including Be Water and Rumble, as well as in brain-computer interface company Blackrock Neurotech. This diversification strategy appears to be accelerating under new leadership.
With USDT maintaining its dominance as the largest stablecoin with $172 billion in circulation, and quarterly profits measured in billions, Tether seems positioned to continue its expansion into new technology and infrastructure sectors. The appointment of Habbel suggests the company is serious about building a more diversified business model for the long term.
Perhaps what’s most interesting is how quickly Tether is moving beyond its original mandate. The company appears to be building something much larger than just a stablecoin provider, though that remains its core revenue driver. It’ll be worth watching how these new investments perform and whether this diversification strategy pays off in the coming years.
