USDT News: Tether Proposes to Acquire Majority Stake in Adecoagro at $12.41 per Share

Tether Inc., the issuer of USDT stablecoins, has announced a proposal to acquire a 51% stake in Latin American agribusiness Adecoagro, signaling a significant diversification strategy.

Tether Proposes Acquiring 51% of Adecoagro at $12.41 per Share

Tether Inc., the company behind USDt stablecoins, has proposed to acquire a majority ownership share of Latin American agribusiness and energy firm Adecoagro. Through its subsidiary Tether Investments, the company aims to boost its ownership share in Adecoagro from 19.4% to 51%. The proposed acquisition price is $12.41 per share, representing a 26.65% premium over the current market value of $9.79. Tether's diversification strategy through this potential acquisition aligns with its expansion plans for stablecoin operations.

Tether Flows to Exchanges Decline, Signaling Trader Hesitancy

The cryptocurrency market is experiencing caution, evident in the drop of Tether (USDT) flows to exchanges. This trend suggests traders are reluctant to deploy capital, reflecting a lack of confidence and growing investor concerns since the market downturn in early February. Tether, as the largest stablecoin, often mirrors market sentiment, and the recent decline in outflows indicates traders are holding back or cashing out.

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On February 11, 2025, lawmakers grilled experts during a landmark House Financial Services Committee hearing, discussing how to harness blockchain technology's potential without repeating past regulatory missteps. With nearly 100 million crypto users in the U.S., the hearing marked a turning point in Washington's approach to digital assets.