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Tether invests $100 million in Latam-based agricultural giant Adecoagro

Tether invests $100 million in Latam-based agricultural giant AdecoagroUSDT stablecoin issuer Tether has acquired 9.8% of Adecoagro, a Latin American agricultural giant. In a move described by Argentine media as surprising, the company invested $100 million to diversify its investments in the agricultural and food sectors. Adecoagro, valued at over one billion dollars, has a direct presence in Argentina, Brazil and Uruguay. (…)

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