USDT Expands European and Latin American Footprint with Bit2Me Investment
Tether, the issuer of the world's largest stablecoin USDT, has made a strategic move by acquiring a minority stake in Spanish cryptocurrency platform Bit2Me and leading a €30 million funding round. This investment highlights Tether's commitment to expanding its presence in European and Latin American markets as regulatory clarity improves. Bit2Me, established in 2014, has grown to serve 1.2 million users and achieved a transaction volume of €3 billion in 2025. The platform's recent regulatory milestones further solidify its position in the crypto ecosystem. This partnership underscores the growing influence of stablecoins in global finance and Tether's proactive approach to market expansion.
Tether Acquires Stake in Bit2Me, Leads €30 Million Investment Round
Tether, the issuer of the world's largest stablecoin USDT, has taken a minority stake in Spanish cryptocurrency platform Bit2Me while leading a €30 million funding round. The investment signals Tether's strategic push into European and Latin American markets as regulatory clarity emerges.
Bit2Me, operational since 2014, boasts 1.2 million users and €3 billion in 2025 transaction volume. The platform recently secured MiCA approval, granting EU-wide operational clearance. This positions the company for expansion during Europe's crypto regulatory harmonization.
The funding round coincides with growing institutional interest in Latin America's crypto markets, particularly in inflation-battered economies like Argentina. Tether's endorsement provides Bit2Me with both capital and credibility to accelerate growth across these strategic regions.
USDC Dominates Stablecoin Market as On-Chain Volumes Hit $1.5 Trillion in July 2025
The stablecoin sector has reached unprecedented activity levels, with July 2025 setting a historic record of $1.5 trillion in monthly on-chain settlement volume. USD Coin (USDC) emerges as the primary driver of this growth, outpacing competitors like Tether (USDT) and DAI through superior adoption in DeFi ecosystems and strengthened trust in its regulatory compliance framework.
Blockchain analytics from Sentora reveal a consistent upward trajectory since January 2025, when volumes languished below $1 trillion. The $1.5 trillion milestone eclipses previous highs of $1.44 trillion in April and $1.39 trillion in May. Early August data suggests the momentum will continue, with $200 billion processed in just seven days.
DeFi's resurgence provides the fundamental backbone for this expansion. As protocols regain traction post-regulation, USDC's transparent reserves and institutional-grade infrastructure position it as the preferred settlement LAYER for smart contract platforms and cross-border transactions alike.
USDC Dominates Crypto Payroll Adoption as Stablecoin Use Triples in 2024
The landscape of global payroll is undergoing a quiet revolution as USDC cements its position as the stablecoin of choice for crypto-based compensation. Pantera Capital's latest survey reveals a threefold increase in professionals receiving part of their salary in digital assets—jumping from 3% in 2023 to 9.6% this year. Web3 startups and DAOs are leading this charge, reducing pure fiat payrolls from 97% to 89.1% of workers.
USDC commands 63% of crypto payroll transactions, leveraging its dollar peg and regulatory transparency to outpace USDT's 28.6% share. Solana and ethereum trail as niche options at 1.9% and 1.3% respectively. Monthly reserve disclosures and Treasury-backed reserves have transformed Circle's stablecoin into the de facto enterprise solution for on-chain salaries.
Hybrid compensation models are gaining traction, though full crypto salaries remain rare. The trend underscores a broader institutional shift—companies now view stablecoins not as speculative instruments, but as functional tools for borderless payroll operations.