Tether has about $4.8B in exposure to US stock markets

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Tether, the world’s largest stablecoin issuer, holds about $4.8 billion worth of shares in 13 US-listed companies. Its largest exposures are Twenty One Capital, Rumble and Adecoagro, which together account for approximately $3.66 billion. Tether owns a 50.3% stake in Rumble, controls Adecoagro and has the right to appoint four directors to Twenty One Capital. Its investments also span gold royalties, bitcoin mining, artificial intelligence infrastructure, satellites and digital payments. This diversification shows how Tether is deploying a significant portion of the funds it controls beyond issuing its dollar-backed stablecoin.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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