Stablecoins

Circle announced a partnership with Argentine firm Allaria, which will provide two-sided USDC/ARS quoting across local markets and support USDC access for eligible participants.

Tether Capital participated in AI chipmaker Tenstorrent's $1.5 billion Series E, which values the company at $6.2 billion. Tether says the investment supports open AI computing infrastructure alongside its QVAC on-device AI platform.