🏦 Sector Financiero | Las monedas estables (stablecoins) continúan posicionándose como un elemento clave de las criptomonedas en América Latina. 🪙🌎 https://t.co/QVXLyjCY79
Web3 payments infrastructure provider @transak raised $16M in a Strategic funding round led by @IDGCapital, @Tether_to, with participation from @primalcm, @1kxnetwork, Protein Capital, @fuelventures. https://t.co/DfLgaDnhge https://t.co/btl4drGCeZ
Transak $16M Strategic Round⚡️ 📑 About: @Transak is a service that enables users to buy and sell cryptocurrency using fiat money. 🤝 Investors: Tether (Lead), @IDGCapital (Lead), @1kxnetwork, Primal Capital, and Protein Capital. 👉 https://t.co/d5GRE27qgk https://t.co/GeTVMntUY8
Tether, the issuer of the USDT stablecoin, is expanding its presence in Europe and Latin America through strategic investments and funding rounds. It has acquired a minority stake in Bit2Me, a MiCA-licensed Spanish cryptocurrency exchange, and is leading a €30 million (approximately $34.86 million) funding round aimed at strengthening its foothold in Spanish-speaking markets amid evolving EU regulations. In addition, Tether co-led a $16 million strategic funding round for Transak, a Web3 payments infrastructure provider that facilitates cryptocurrency transactions with fiat money. These moves underscore the growing importance of stablecoins in Latin America's financial sector and Tether's commitment to supporting digital asset platforms in regulated environments.