Tether Backs $134M Stablecoin Bet to Bring Crypto Into Everyday Use
Tether Investments participated in a US$134 million personal placement for Stablecoin Improvement Company (NYSE: SDEV), alongside R01 Fund LP and Framework Ventures. SDEV holds 2.15 billion SKY governance tokens, 9.15% of Sky Protocol’s whole provide, and operates throughout the DeFi ecosystem constructed round Sky’s USDS stablecoin. Tether CEO Paolo ArdoinoContinue Reading
