In a bold move reshaping its investment strategy, Tether, who is the powerhouse behind the world’s largest stablecoin, USDT, has expanded its ownership in Latin American agricultural giant Adecoagro to 70%. The deal signals Tether’s growing appetite for real-world assets far beyond digital currencies, positioning it as a key player in sustainable agriculture. Tether’s Strategic Push Into Sustainable Agriculture Tether…
Cryptocurrencies notorious volatility has fuelled demand for stablecoins. These are digital assets pegged to stable reserves like fiat or commodities. Currently, over 200 stablecoins exist, but only a handful dominate. Below, we dissect their types, top contenders, and challenges. Fiat-Backed Stablecoins Fiat-backed stablecoins mirror traditional currencies, offering stability through reserves. Each token equals one unit of a currency, typically the…