Tether’s Strategic €30M Investment in Bit2Me to Fuel USDT Adoption in EU and LATAM

In a significant move to bolster cryptocurrency adoption, Tether, the issuer of USDT, has invested €30 million in Spanish crypto platform Bit2Me through its investment arm, Tether Ventures. This strategic funding aims to accelerate growth in Europe, with a focus on Spain, and Latin America, particularly Argentina, where crypto adoption is rapidly expanding. Bit2Me's emphasis on education and accessible crypto services aligns perfectly with Tether's vision of creating open financial infrastructure. This investment underscores Tether's commitment to fostering crypto accessibility and education in key markets, further solidifying USDT's position as a leading stablecoin in the global digital asset ecosystem.

Tether Invests €30M in Bit2Me to Boost Crypto Expansion in EU and LATAM

Tether, the issuer of USDT, has committed €30 million to Spanish crypto platform Bit2Me through its investment arm Tether Ventures. The capital infusion targets accelerated growth in Europe—particularly Spain—and Latin America, where Argentina's burgeoning crypto adoption presents strategic opportunities.

Bit2Me's focus on education and accessible crypto services aligns with Tether's vision for open financial infrastructure. "This partnership elevates our capacity to empower users through compliant, user-centric solutions," said Bit2Me COO Andre Manuel. The deal signals growing institutional confidence in regional crypto markets despite macroeconomic headwinds.

Understanding Tether Reserves Strategy and Its Market Impact

Tether (USDT) dominates the stablecoin market with a $160 billion capitalization, reshaping SME crypto interactions. Its reserve strategy—backed by $127 billion in U.S. Treasuries, gold, and Bitcoin—offers stability but ties USDT to Treasury market volatility.

For businesses, USDT's liquidity facilitates B2B payments across 164 billion circulating tokens. Yet reliance on this stablecoin demands vigilance toward macroeconomic shifts embedded in its reserve composition.

Rumble to Acquire Tether-Backed Northern Data in All-Stock Deal

Video-sharing platform Rumble (RUM) surged after announcing plans to acquire cloud computing firm Northern Data in an all-stock transaction. The deal WOULD merge two companies backed by Tether, the world's largest stablecoin issuer.

Rumble will issue 2.319 new shares for each Northern Data share, giving Northern Data shareholders approximately one-third ownership of the combined entity. The acquisition brings substantial cloud infrastructure assets, including over 20,000 Nvidia H100 GPUs and 2,048 H200s from Northern Data's Ardent data centers and Taiga GPU-as-a-service operations.

Tether, holding a 54% stake in Northern Data, has agreed to swap its shares for Rumble stock and commit to multi-year GPU purchases. The stablecoin giant will become Rumble's largest Class A shareholder following its $775 million February investment.

Rumble CEO Chris Pavlovski emphasized the deal positions the company as a global leader in privacy-focused, AI-ready cloud infrastructure while maintaining voting control. The merger combines Northern Data's five data centers with 850 MW capacity, including a 180 MW Georgia facility nearing completion.