Tether is backing Bolivian fintech Peso with a pre-seed investment aimed at expanding USDT payments across Latin America, the companies said this week. In an announcement on Tether’s website, the...
The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.
Peso aims to make USDT more practical for daily spending through merchant services and banking integrations, as Tether continues backing Latin American fintechs.
Three wallets tied to a brokerage took in $575 million in USDT in spring 2025, and the Senate report says Tether did not freeze any of them.
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