agriculture

Tether Diversifies with $100 Million Investment in Latin American Agricultural Giant

1. Tether, the issuer of the world's largest stablecoin, has invested $100 million in Latin American agricultural giant Adecoagro. 2. Tether now owns a 9.8% stake in Adecoagro, making it the company's third-largest shareholder. 3. Adecoagro is Argentina's largest producer of milk and

agriculture

Tether Expands into Agriculture with $100 Million Investment in Adecoagro

* Tether invests $100 million to acquire 9.8% stake in Adecoagro, its first investment in agriculture sector. * Tether used its own working capital funds for the investment. * Adecoagro is a major milk producer in Argentina and entered sugar, ethanol, and energy businesses in Brazil. * Tether's USDT is the