led<\/a> a $14 million Series A funding round for Argentine crypto platform Belo, alongside investors including Titan Fund, The Venture City, Mindset Ventures, and G2. According to Tether, the funding was intended to support Belo\u2019s crypto payment products and financial services.<\/p>\n <\/p>\n
Outside its investment activity, Tether has also continued promoting USDT for practical payment use cases across Latin America.\u00a0<\/p>\n
Earlier this week, reports from Bolivia said government officials were evaluating a proposal to recognize USDT alongside the boliviano and the U.S. dollar within the country\u2019s payment system as authorities respond to a prolonged shortage of foreign currency. Local banks Banco Uni\u00f3n and Banco FIE already provide services connected to USDT, according to previous reports.<\/p>\n
Enterprise payments become another focus<\/h2>\n
Alongside its regional expansion, Tether has been increasing its investment in enterprise payment infrastructure.<\/p>\n
Last week, the company led a $7 million funding round for Pact Labs to integrate its USAT stablecoin into U.S. payroll systems. According to Tether, the partnership is designed to bring blockchain-based settlement into a payroll market that processes more than $11 trillion annually by allowing businesses to pay wages using stablecoin payment rails.<\/p>\n
Corporate treasury has also become part of that strategy. Earlier this month, Hyundai Motor America and Hyundai Motor Mexico completed a pilot cross-border treasury payment using USDT on the Avalanche blockchain. According to Tether, the companies settled a $20,000 transfer in about seven minutes through settlement infrastructure provided by Axiym, while Hyundai Card handled the compliance, accounting and operational framework for the pilot.<\/p>\n
Tether\u2019s investment activity comes as USDT remains the largest stablecoin by market value. According to CoinMarketCap, the token\u2019s market capitalization stood at about $184.4 billion at the time of reporting.<\/p>\n
<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Tether has reportedly invested $20 million in Argentine digital bank Ual\u00e1, adding another Latin American financial platform to its growing list of stablecoin-focused investments. Summary Tether has reportedly invested $20…<\/p>\n","protected":false},"author":1,"featured_media":34596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=34595"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34595\/revisions"}],"predecessor-version":[{"id":34597,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34595\/revisions\/34597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/34596"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=34595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=34595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=34595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}