According to Bloomberg, Tether has invested $20 million in Argentine digital bank Ualá. This investment is part of Ualá's $197 million funding round announced in March this year, which brought the company's valuation to $3.2 billion. Ualá plans to use the funds to drive business growth in Argentina, Mexico, and Colombia, with Mexico being a key expansion market. Ualá's founder and CEO, Pierpaolo Barbieri, stated that due to local regulatory constraints, the company has no plans to integrate USDT in the short term, and Tether is participating solely as a financial investor. Ualá currently serves around 11 million customers across Latin America, and its Argentine operations are expected to break even within the next one to two months. https://www.(wublock123.com)/news/tether-invests-20m-in-uala-no-usdt-integration-planned-64697