Mexico Seizes 300 GPUs From Suspected Illicit Crypto Mine
The discovery was the fourth similar operation in the area since early 2025, as Chainalysis flags crypto mining and transfers as laundering tools for Latin American cartels.
Every Zipp story tagged #LatinAmerica, newest first.
The discovery was the fourth similar operation in the area since early 2025, as Chainalysis flags crypto mining and transfers as laundering tools for Latin American cartels.
The investment slots Tether deeper into Latin American fintech distribution on the same day Allianz X closed a $197M round first led in March, a structural bet on stablecoin rails across the region.
The equity check is small, but it is the third LatAm deal in three months and follows a Q1 profit of $1.04B; Tether is converting USDT reserve yield into a regional banking footprint while…
The investment turns Tether into a strategic backer of Brazil's largest regulated on-chain financial services platform, with 4.5M users and over R$2B in tokenized assets already issued.
The stablecoin that was supposed to displace card networks is now riding them: Tether's USDT will plug into Visa's rails across Brazil, the region's largest card market.
Brazilian savers in Recife now earn Aave yield on USDC, and Mexican and Argentine holders borrow against BTC and ETH without selling — DeFi stops being a niche experiment when the on-ramp stops being…