Stablecoin Giant Tether Leads Investment in Argentine Crypto App

Tether is pushing deeper into Latin America through an investment in Argentine crypto platform Belo.

The stablecoin giant — issuer of the world’s largest stablecoin USDT — led Belo’s $14 million Series A funding round, according to a statement, which didn’t include any details about the startup’s valuation. Titan Fund, The Venture City, Mindset Ventures and G2 also invested.

Belo, a digital wallet, is aggressively expanding in South America, a region in which USDT already dominates crypto flows. A 2025 report by Artemis Analytics shows that USDT accounts for the lion’s share of stablecoin usage in Brazil, Chile, Colombia, Ecuador ...