Tether Leads $14 Million Series A for Argentine Crypto Payments Firm Belo

Stablecoin issuer Tether has recently begun channeling profits into investments in Latin America's emerging markets. Against a backdrop of high inflation and expanding digital finance in the region, Argentine neobank Ualá has emerged as a key bridge in Tether's push to connect traditional finance with crypto assets. The investment underscores the trend toward integration between conventional banking and virtual assets.

Tether confirmed in July this year that it had invested $20 million in Ualá. The investment formed part of the $197 million funding round Ualá announced in March, which valued the neobank at $3.2 billion. Founder Barbieri said, however, that regulatory constraints meant the platform would not integrate the USDT stablecoin in the near term. For now, the funding is purely a financial investment.

Whop is a digital goods marketplace serving creators, consumers and online entrepreneurs, reaching more than 18.4 million users across 144 countries and processing about $3 billion in payments annually. The investment by USDT issuer Tether reflects stablecoins’ shift from crypto trading tools to cross-border commerce settlement and could reduce reliance on banks and card networks.

On February 25, 2026, Tether announced a $200 million investment in Whop, valuing the company at $1.6 billion. Whop will integrate Tether’s Wallet Development Kit to support USDT and USAT payments and allow users to retain control of their funds. The investment will also fund expansion in Latin America, Europe and Asia-Pacific, as well as the development of AI tools.