Tether Doubles Down: Acquires Strategic Stake in Bit2Me & Leads Massive €30M Funding Round

Tether just flexed its stablecoin muscles—plowing fresh capital into Europe’s crypto gateway Bit2Me. The €30M injection, led by USDT’s parent company, signals aggressive expansion beyond dollar-pegged dominance.

Why it matters: While banks debate 'blockchain not crypto,' Tether’s playbook stays simple: buy the infrastructure. Bit2Me’s exchange and white-label services now join a growing empire—liquidity begets liquidity.

The cynical take: Another day, another ‘strategic’ stake. At least this one didn’t involve printing fresh USDT… probably.

Tether has acquired a minority stake in Bit2Me, a leading Spanish crypto exchange, and is leading a €30 million funding round expected to close soon. Bit2Me recently became the first Spanish-speaking exchange authorized as a Crypto-Asset Service Provider (CASP) under the EU’s MiCA framework. This investment strengthens Bit2Me’s position in the European crypto market and supports its growth in regulated digital asset services for Spanish-speaking users.