Tether, the largest stablecoin provider in the cryptocurrency sector, has announced the acquisition of a 70% stake in “Saz Mining,” a Latin American company primarily engaged in agriculture, for a total of $600 million. This strategic move reflects a broader shift in the crypto industry — from purely digital assets to direct involvement in real-world sectors such as agriculture and clean energy.
Tether’s long-term vision includes transforming its USDT stablecoin into a direct payment method in global commodity trade, creating an alternative to traditional banking systems. Through this acquisition, agricultural companies in the region will be able to carry out faster, lower-cost, and traceable transactions. This could lead to greater financial flexibility in international markets, enhanced liquidity, and reduced dependence on conventional financial institutions.
A Sustainable Economic Model: Agriculture Meets Crypto Mining
The acquired company, Adecoagro, is known not only for its sugarcane production but also for generating bioenergy from sugarcane waste. Tether plans to utilize this clean energy for Bitcoin mining operations — a move that aligns with both profitability and environmental sustainability goals.
Traditional Bitcoin mining has often been criticized for its high energy consumption and environmental impact. However, Tether’s initiative is being positioned as a “green crypto mining” model — one that incorporates clean energy to minimize harm to the environment while maintaining mining efficiency.
Bridging the Digital and Real Economies
Beyond mining, Tether also plans to tokenize agricultural products in the future. This would allow farmers to access capital via digital markets, while their goods become integrated into the blockchain ecosystem — ensuring greater transparency, traceability, and access to a wider network of buyers and investors.
This investment is not only a business opportunity for Tether but also a signal of the crypto sector’s increasing engagement with societal needs. By venturing into fundamental industries like agriculture and energy, Tether is helping to build a more resilient and socially connected digital economy.
