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Tether Leads $14M Investment in Argentine Crypto Platform Belo

CryptoFrontier

2026-04-29 11:12:04

Tether, the issuer of the world’s largest stablecoin USDT, led a $14 million Series A funding round for Argentine crypto platform Belo, according to a statement. The investment marks Tether’s deeper push into Latin America, with co-investors including Titan Fund, The Venture City, Mindset Ventures, and G2. The statement did not disclose Belo’s valuation.

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Comment

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MultisigOnRocks

· 05-01 04:44

14M isn't a small amount for Belo. With Argentina's inflation so severe, the demand for stablecoins is indeed a necessity.

View OriginalReply0

TheNemesisOfFomo

· 04-30 09:33

Tether is planning to do big things in Latin America.

View OriginalReply0

HodlBystander

· 04-29 19:40

USDT issuer personally invests, which is way more interesting than just issuing tokens.

View OriginalReply0

0xNap

· 04-29 11:43

Titan Fund and The Venture City have also joined in; it looks like the Latin American crypto payment track is about to heat up.

View OriginalReply0

NonceNina

· 04-29 11:41

Argentinians have suffered from the peso for a long time; can Belo catch this wave of immense wealth?

View OriginalReply0

MevBreakRoom

· 04-29 11:39

Series A is just 14 million, the valuation isn't low.

View OriginalReply0

GateUser-818d3026

· 04-29 11:38

Did Mindset also invest? This combination is quite interesting.

View OriginalReply0

CheckingEthInTheElevator

· 04-29 11:25

14 million exchanged for Tether—practical use cases in Argentina, a good deal

View OriginalReply0

LintCollector

· 04-29 11:25

The stablecoin giant invests in local platforms; this narrative feels very Web3.

View OriginalReply0

GateUser-c6a8b70d

· 04-29 11:22

nice

Reply0

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