Tether, the stablecoin issuer, has made its first crypto venture capital investment by putting $2 million into Arcanum Capital’s Emerging Technologies Fund II. This fund focuses on decentralized Web3 projects, aiming to enhance remittances, cross-border payments, and banking services for the unbanked. Tether CEO Paolo Ardoino emphasized the importance of censorship resistance and open communication. This move is part of Tether's broader diversification strategy, which includes a recent $775 million investment in the video platform Rumble, known for its free speech stance.