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Tether, the issuer behind the USDT stablecoin, has invested $100 million to acquire a 9.8% stake in Adecoagro, a major agricultural firm in Latin America.
With cryptocurrencies experiencing a significant decline of nearly 30% from their March highs, the upcoming week features several critical events that could have a major impact on both crypto and traditional markets.
A new class action lawsuit has been filed against Capital One, the eighth-largest bank in the U.S. by assets, alleging that the bank secretly gathered and shared sensitive personal and financial data with major tech companies like Facebook, Google, and Microsoft.
A well-known analyst and trader is optimistic that the major gains of the current crypto bull market are still ahead.
In a recent discussion with Bloomberg, Tether CEO Paolo Ardoino highlighted the rationale behind choosing gold as the collateral for their new synthetic dollar, aUSDT.
The crypto market is currently witnessing a significant shift in liquidity as investors transfer large amounts of capital into stablecoins amid growing uncertainty.
Ripple CEO Brad Garlinghouse recently provided an update on the company’s future plans and the broader crypto landscape, revealing both optimistic and cautious perspectives.