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Tether Invests $20M in Mercado Bitcoin

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The post Tether Invests $20M in Mercado Bitcoin appeared first on Coinpedia Fintech News

Tether, the issuer of the world’s largest stablecoin, USDT, is making another major expansion move. The company has announced a $20 million investment in Brazil-based Mercado Bitcoin, one of Latin America’s biggest regulated crypto platforms.  Could this deal position Brazil as the next major crypto innovation hub? Why Is Tether Investing in Mercado Bitcoin? Tether’s …

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