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Tether Invests $20 Million in Argentine Digital Bank Ualá as Part of $197 Million Funding Round

2026-07-16 00:27:49

According to Bloomberg, Tether has invested $20 million in Ualá, an Argentine digital bank, as part of Ualá's $197 million funding round announced in March. The investment will support Ualá's expansion across Argentina, Mexico, and Colombia. Ualá, which has 1.1 million customers and a post-funding valuation of $3.2 billion, plans to accelerate operations in Mexico. Tether will serve as a financial investor only; USDT integration on the platform is not planned in the near term due to regulatory conditions in Argentina and Mexico.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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