Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Source: CoinDesk Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken. Tether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows. Agrotoken, together with Adecoagro, started the development of three stablecoins, SOYA, CORA and WHEA, which allow producers to have… Continue reading Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Tether plans to launch dirham stablecoin with UAE partners

Source: Cointelegraph Tether teams up with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin, which aims to improve international trade and remittances. Tether, the largest stablecoin provider in the digital asset industry, has announced plans to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). According to… Continue reading Tether plans to launch dirham stablecoin with UAE partners

Binance Announces Tether Integration on Toncoin Network

Source: Cryptonews Binance, one of the world’s leading cryptocurrency exchanges, announced it has integrated Tether (USDT) on the Toncoin Network. This means users can deposit and withdraw USDT using the network, marking another milestone in Binance’s efforts to enhance its multi-chain capabilities. This provides its users with more flexibility and options for their transactions. What… Continue reading Binance Announces Tether Integration on Toncoin Network

Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push

Source: CoinDesk Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said. Tether, the company behind the $110 billion stablecoin (USDT), debuted Monday a new token minting platform called Alloy on the Ethereum network that lets users create tokens collateralized by… Continue reading Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push