**News Flash: Tether Dives into Agriculture with $100M Investment**

Tether, the issuer behind the world's largest stablecoin USDT, has made a surprising move by investing $100 million to acquire a 9.8% stake in Latin American agricultural giant Adecoagro. This marks Tether's first foray into the agriculture and food sector.

- **Investment Details**: Tether used its working capital funds to purchase 10,048,249 shares of Adecoagro.

- **About Adecoagro**: Founded in 2002, Adecoagro is a major milk producer in Argentina and has expanded into sugar, ethanol, and energy sectors in Brazil.

- **Stablecoin Market**: USDT remains the largest stablecoin with a market cap exceeding $118 billion. However, competition is heating up with new entrants like PayPal USD and Ripple USD.

Stay tuned for more updates on Tether's strategic investments and the evolving stablecoin market!