Tether Acquires Over 10% Stake in Juventus, Holds 6.18% Voting Rights, Plans Stablecoin and Blockchain Support

Tether, the cryptocurrency firm known for its stablecoin USDT, has increased its stake in Juventus Football Club to over 10% of the club's share capital. This acquisition makes Tether a significant shareholder, holding 6.18% of the voting rights in the Italian football club. The investment reflects Tether's strategic interest in exploring the use of stablecoin and blockchain technology to support Juventus' global operations.

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