Stablecoin Issuer Tether Diversifies Investments, Sinks Nearly $115,000,000 in Agroindustrial Company

Tether (USDT), the leading stablecoin issuer, has invested more than $112 million into an agroindustrial company that started in Argentina. Documents filed with the U.S. Securities and Exchange Commission (SEC) last month indicate a Tether subsidiary holds 10,048,249 common shares in Adecoagro, a company with agricultural and energy production operations in Argentina, Brazil and Uruguay.

Source: dailyhodl.com

Related symbols: STABLEUSD

2024-09-10 17:03:01 GMT.