Tether Acquires Minority Stake in MiCA-Licensed Spanish Exchange Bit2Me, Leads €30 Million Funding Round

Tether, the issuer of the world's largest stablecoin USDt, has acquired a minority stake in Bit2Me, a MiCA-licensed Spanish cryptocurrency exchange. This investment is part of a €30 million funding round led by Tether, which is expected to close in the coming weeks. Bit2Me's regulated status in the European Union provides Tether with a strategic foothold in the EU market. Additionally, USDt accounts for 40% of all blockchain fees across nine major chains, including Ethereum, Tron, Solana, TON, and Arbitrum, highlighting Tether's significant presence in the blockchain ecosystem.

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