Tether, the issuer of USDT, has acquired a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million. This move is part of Tether's strategy to diversify its investments into the agriculture and food sectors. Adecoagro is a leading milk producer in Argentina and oversees more than 193,000 hectares of sugarcane in Brazil, producing both refined sugar and ethanol.

Interesting move by Tether to diversify its investments into agriculture and food sectors. This could potentially provide a new source of stability for the stablecoin, especially considering the growing demand for sustainable and environmentally-friendly practices.