Crypto
Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus
Stablecoin issuer Tether said Friday it has submitted an all-cash offer to buy Italian soccer juggernaut Juventus from the Agnelli family, a novel bid by a cryptocurrency company to acquire a blue-chip global soccer club from one of Europe’s most storied dynasties.
Tether is the largest stablecoin issuer with $186 billion of its USDT tokens in circulation. The company previously took an