Tether Chief Business Officer Habbel departs stablecoin giant

Benjamin Habbel, Chief Business Officer at Tether Holdings SA, has resigned after only nine months with the stablecoin issuer. Habbel was responsible for expanding the company's operations and investment portfolio. His departure comes at a critical time for stablecoins, which face increasing regulatory scrutiny and market volatility. The reasons for his exit were not immediately disclosed, but it marks a significant change in Tether's executive leadership.