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Bitcoin.com 2024-09-08 07:41:39

Tether Invests $100 Million in Latam’s Agricultural Giant Adecoagro

Tether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based 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 a billion dollars, has a direct presence in Argentina, Brazil, and Uruguay.

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