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âCrypto Goes Real: Tether Farms, Banks Mint Stablecoins & Thiel Backs Ethereum Miner!â
Crypto Goes Real: Tether Farms, Banks Mint Stablecoins & Thiel Backs Ethereum Miner!
Tether has just acquired a 70% stake in South Americaâs agribusiness Adecoagro for approximately $600âŻmillionâembedding USDT into global commodities trade, turning cross-border payments from days into seconds, and powering BTC mining using sugarcaneâbased renewable energy sources .
Meanwhile, tech billionaire Peter Thiel, via Founders Fund, snapped up a 9.1% stake in crypto-miner BitMine Immersion. The stock jumped ~15% as BitMineâs vast reservesâvalued at over $500âŻmillion in ETH and BTCâturned heads in the institutional world .
At the same time, major U.S. banksâBank of America, Morgan Stanley, Citigroup, and JPMorganâare racing to issue their own stablecoins, spurred by momentum behind the GENIUS, CLARITY, and AntiâCBDC acts currently progressing in Congress .
Market snapshot:
Bitcoin surges amid corporate realâasset integrations
Ethereum strengthens to ~$3.4K fueled by institutional inflows & mining anchor plays
Bullish sentiment dominates as crypto bridges to TradFi and tangible assets
#Tether #Adecoagro #USDT #Stablecoin #PeterThiel #BitMine #Ethereum #BankOfAmerica #MorganStanley #Citigroup #JPMorgan #TradFi #DeFi #CryptoNews #BinanceSquare đđ±đŒ