Tether invests $20 million in Argentine neobank Ualá, boosting its valuation to $3.2 billion.

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3 sourcesFirst reported 6 days agoUpdated 5 days ago

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Tether has invested $20 million in the Argentine neobank Ualá as part of a larger funding round totaling $197 million.
The investment has contributed to Ualá's valuation of $3.2 billion.
Ualá's CEO stated that Tether is acting solely as a financial investor, without plans for immediate integration of its USDT stablecoin due to regional regulations.
The funding round for Ualá was initially announced in March 2026.

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Tether has invested $20 million in Argentine neobank Ualá, contributing to a larger funding round that totals $197 million and values the fintech company at $3.2 billion. This investment aligns with Tether's strategy to expand its influence in the Latin American market.

Ualá's CEO emphasized that Tether's role in this investment is strictly as a financial backer. He noted that current regional regulations prevent any immediate integration of Tether's USDT stablecoin within Ualá's services. Ualá, founded in 2017, aims to provide financial services to underserved segments of the population in Argentina and beyond.

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Tether invests $20 million in Argentine neobank Ualá, boosting its valuation to $3.2 billion.

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