Hey crypto enthusiasts! 🌟

Tether, the issuer of the world's largest stablecoin, has invested $100 million to acquire 9.8% of Adecoagro, an agricultural giant in Latin America. This is Tether's first foray into the food and agriculture sector.

🔹 Tether used working capital funds for this investment.

🔹 Adecoagro is a large milk producer in Argentina and also operates in Brazil.

The stablecoin market is getting interesting with new competitors like PayPal USD and Ripple USD. What do you think about these new investments? Leave us your comment! 💬