Tether Expands into Agriculture with 70% Stake in Latin America’s Adecoagro

Tether, the dominant issuer of USDT stablecoin, has aggressively diversified into physical infrastructure by acquiring a controlling 70% stake in Adecoagro. The Latin American agricultural giant operates sugar mills, rice fields, and dairy farms across Brazil, Argentina, and Uruguay.

The move follows Tether’s initial $100 million investment for 9.8% ownership in September 2024. By March, the crypto firm escalated its position through phased acquisitions, reflecting its strategy to bridge traditional sectors with digital asset innovation.

This acquisition signals Tether’s ambition to tokenize real-world assets. The company appears to be building an ecosystem where agricultural output and renewable energy projects could eventually interact with decentralized finance protocols.