Tether Names Former Google Executive as Chief Business Officer

Tether Names Former Google Executive as Chief Business Officer

Tether, the issuer behind USDT, announced a high-profile hire on September 24, 2025: Benjamin Habbel, formerly of Google and private equity firm Limestone Capital, has been appointed as the company’s Chief Business Officer. 

Habbel's role will be broad, overseeing strategy, investment, portfolio expansion, and broader growth initiatives. His appointment comes at a time when Tether is exploring ambitions beyond its core stablecoin business, including fundraising and expanding into new asset classes.

The move signals Tether’s intention to professionalize operations further and prepare for larger-scale strategic initiatives—some reports suggest Tether is negotiating private capital injections that may value the firm near $500 billion. The addition of a seasoned executive with deep experience in high-tech and finance gives credibility to these ambitions.

For the market, this suggests that Tether sees itself not just as a stablecoin issuer but as a broader financial technology player. How skillfully it manages that transition—while maintaining trust and stability—is key to its future trajectory.