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Tether has invested $20M in Uala
#Tether has invested $20M in the Argentine neobank Uala, as part of its broader push in Latin America. The investment formed part of a $197M equity funding round announced by Ualá in March. Despite Tether’s investment, Ualá CEO Pierpaolo Barbieri said USDT will not be integrated into the platform soon due to regulatory hurdles in Argentina and Mexico. Earlier in July, Tether invested $20M in #MercadoBitcoin and previously led #Belo 's $14M Series A round in April.
👉 cointelegraph.com/news/tether-invests-20m-argentine-neobank-uala
#Tether has invested $20M in the Argentine neobank Uala, as part of its broader push in Latin America. The investment formed part of a $197M equity funding round announced by Ualá in March. Despite Tether’s investment, Ualá CEO Pierpaolo Barbieri said USDT will not be integrated into the platform soon due to regulatory hurdles in Argentina and Mexico. Earlier in July, Tether invested $20M in #MercadoBitcoin and previously led #Belo 's $14M Series A round in April.
👉 cointelegraph.com/news/tether-invests-20m-argentine-neobank-uala
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