Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost Rlusd

Tether has invested 30 million euros in Spanish crypto exchange Bit2Me, acquiring a minority stake in it and joining major investors including Telefónica, BBVA, and Unicaja with stakes in the firm. The investment will help Bit2Me expand its presence in Latin America, particularly in Argentina, where it has a Virtual Asset Service Provider license.