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Tether Acquires 70% Stake in Adecoagro to Advance Tokenization Strategy

Tether Acquires 70% Stake in Adecoagro to Advance Tokenization Strategy

Global Cryptocurrency
Release Time:
2025-04-30 22:08:02
0

Tether, the issuer of the $150 billion USDT stablecoin, has solidified its foothold in Latin America’s agricultural sector by acquiring a 70% stake in Adecoagro. The deal, finalized in March, grants Tether control over one of the region’s largest food and bioenergy producers, with operations spanning sugar mills, rice farms, dairy, and renewable energy assets across Brazil, Argentina, and Uruguay.

The stablecoin giant first invested $100 million for a 9.8% stake in September 2024, then expanded its position to 51% in February before securing majority control. Tether aims to scale Adecoagro’s output while aligning the company with its vision of economic freedom through decentralized finance.

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