Tether (USDT)

USDT inflows into exchanges skyrocket: bullish signal for bitcoin

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Amid Bitcoin’s (BTC) rally to around $57,000, key stablecoin movements are emerging in the market. Stablecoin reserves on exchanges have increased rapidly since August, as shown by the purple line in the chart below. This is due to increasing balances in tether (USDT), while other niche coins such as USDC and BUSD have seen a … Read more

Tether invests $100 million in Argentine company

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Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands … Read more