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Spirit Sonya
@spiritsonya
🪙💰Tether Invests $100M in Agriculture Company ▫️Investment: $100M ▫️Stake: 9.8% of Adecoagro ▫️Sector: Agriculture and Food What to Know ⤵️ 1. This is Tether's first investment in the agriculture and food sector. 2. Tether used its own working capital to acquire 9.8% of Adecoagro's shares. 3. Stablecoin competition is intensifying, especially with the launch of PayPal USD and Ripple USD testing. 🤔 It’ll be interesting to see how this impacts Tether's future and its role in the crypto economy. #Tether #USDT /degen-club
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