Tether went full degen VC mode in H1 2026 — 17 deals already, matching their entire 2025 count.

Biggest moves:
$400M into Replit
$200M into Whop
$150M into Gold com

They're now top 5 most active investors this cycle. When the stablecoin printer starts backing real biz, you pay attention.

Tether isn't just sitting on reserves — they're deploying capital like a tier-1 fund. This is how you turn treasury into ecosystem dominance.