Journalist
Tanzeel Akhtar
Journalist
Tanzeel Akhtar
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Tether, the company behind the world’s largest stablecoin, USDT, has made a new investment in Bit2Me, acquiring a minority stake in the Spanish crypto platform.
As part of the deal, Tether is also leading a €30 million ($34 million) funding round to support Bit2Me’s expansion across Europe and Latin America.
The funding round is expected to close in the coming weeks and marks a major partnership between one of the most prominent stablecoin issuers and one of Europe’s most regulated crypto exchanges.
Regulatory Milestone Under MiCA
Bit2Me recently became the first Spanish-speaking crypto exchange to gain regulatory approval under the European Union’s new Markets in Crypto-Assets (MiCA) framework.
With this designation, Bit2Me is now a registered Crypto-Asset Service Provider (CASP) with Spain’s securities market regulator, the CNMV. This status allows the exchange to legally operate across all 27 EU member states—a key advantage as MiCA begins reshaping how digital asset firms can serve users across Europe.
Tether’s CEO, Paolo Ardoino, said the company was impressed by Bit2Me’s commitment to regulatory compliance, user education, and transparent practices. “Their focus aligns with our mission to create a more open and accessible financial system,” Ardoino said.
Expansion Into Latin America
Beyond Europe, Bit2Me has also set its sights on Latin America—particularly Argentina, where inflation and currency instability have made crypto a popular alternative.
With Tether’s backing, Bit2Me said it seeks to expand its infrastructure, grow its user base, and introduce new services suited to regional needs.
Bit2Me currently serves over 1.2 million users and 7,000 businesses, with transaction volume surpassing €3 billion so far in 2025. Its leaders say Tether’s involvement will fast-track growth across multiple fronts.
According to Bit2Me co-founders Andrei Manuel and Pablo Casadío, joining forces with Tether represents a “transformational moment” that will help with their ability to scale products and services.
Tether Invests in Blockchain Analytics Firm Crystal Intelligence
In July, Tether made a new investment in Crystal Intelligence, a blockchain analytics firm. In a blog post, Tether shared its growing focus on improving transparency and combating illicit use of stablecoins across blockchain networks.
Crystal Intelligence, originally launched by blockchain software firm Bitfury, provides data-driven tools for analyzing blockchain transactions. The firm is used by law enforcement, regulators, and financial institutions to detect and investigate suspicious crypto activity.
With this investment, Tether said it plans to deepen its collaboration with Crystal and further integrate advanced analytics into its compliance and monitoring systems.
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