Stablecoin

Ethereum

Bank

Avalanche

On May 8, 2024, Tether Operations Limited, a leading entity in the digital asset sector, reinforced its operational footprint in Eastern Europe through an enhanced investment in CityPay.io, a prominent payment processor active in over 2000 locations within Georgia. This financial commitment follows a prior investment made in 2023, marking Tether as the first stablecoin company to fund the Georgian payment solutions enterprise. 
<h2 id="citypay-io-s-expansion-plans-and-tether-s-strategic-investments">CityPay.io’s Expansion Plans and Tether’s Strategic Investments</h2> 
<a href="https://www.citypay.io/">CityPay.io</a> is renowned for providing a fluid payment process to both consumers and businesses, enabling the use of cryptocurrencies for transactions at various venues, including Radisson Hotels. The company has ambitious plans for the next two years, aiming to launch innovative e-wallet and card services that are expected to attract more than 400,000 users. Additionally, CityPay.io is set to establish over 500,000 new cryptocurrency payment points in its targeted expansion areas. 
<blockquote>
 Our initial collaboration with CityPay.io brought forth encouraging developments in the widespread use of cryptocurrencies in Georgia. With this renewed investment, our goal is to enhance these achievements and further the integration of innovative technologies that revolutionize conventional payment frameworks. We are excited to continue our partnership with CityPay.io as we strive to develop a more equitable, interconnected, and accessible global financial ecosystem.
</blockquote> 
The additional funding from Tether will significantly aid CityPay.io’s strategic growth throughout Eastern Europe. The expansion focuses on countries such as Georgia, Armenia, Azerbaijan, Kazakhstan, and Uzbekistan, which are recognized for their dynamic and expanding markets in payment technologies and <a href="https://insidebitcoins.com/buy-cryptocurrency">cryptocurrency</a> adoption. 
Paolo Ardoino, CEO of Tether, highlighted the significance of the investment, emphasizing their goal to enhance achievements and further integrate innovative technologies in payment frameworks. He expressed excitement about continuing the partnership with CityPay.io to develop a more equitable, interconnected, and accessible global <a href="https://insidebitcoins.com/buy-cryptocurrency/best-cryptocurrency-to-buy">financial</a> ecosystem. 
The announcement highlights another significant move by <a href="https://tether.io/">Tether</a> in its continuous efforts to promote cryptocurrency acceptance and educational initiatives globally, particularly in emerging markets like Georgia and Uzbekistan. Such efforts are indicative of Tether’s ongoing dedication to fostering communities that align with its vision for a globally unified and inclusive financial environment. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Tether Boosts Payment Solutions in Eastern Europe with Additional Investment in <a href="https://t.co/14g9wt7PCC">https://t.co/14g9wt7PCC</a> ( <a href="https://twitter.com/citypayio?ref_src=twsrc%5Etfw">@citypayio</a> )<a href="https://t.co/WSL1GVRhzz">https://t.co/WSL1GVRhzz</a> 
 — Tether (@Tether_to) <a href="https://twitter.com/Tether_to/status/1788178202365407356?ref_src=twsrc%5Etfw">May 8, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 class="p1" id="wienerai-presale-a-fresh-and-humorous-crypto-investment-opportunity">WienerAI Presale: A Fresh and Humorous Crypto Investment Opportunity</h2> 
The <a href="https://www.insidebitcoins.com/visit/wienerai" rel="nofollow">WienerAI presale</a> marks a unique entry into the cryptocurrency market, blending humor with advanced technology, supported by a vibrant community ethos. This presale offers investors an early chance to buy WAI tokens at favorable prices, setting the stage for potential growth thanks to strong community backing. 
Distinctive for its combination of a dog-themed meme coin with elements of artificial intelligence—humorously depicted as part sausage—WienerAI appeals to both casual enthusiasts and serious investors. The project narrative, featuring tales of a futuristic scientist, adds depth and encourages community involvement. 
WienerAI’s success is bolstered by its dynamic community, essential for the longevity of any meme coin. This active support base not only funds the project but also boosts its market presence significantly. Furthermore, WienerAI offers lucrative financial incentives, including staking rewards with APYs exceeding 1900%, aimed at encouraging long-term holding and price stability. 
As an ERC-20 token on the Ethereum blockchain, <a href="https://www.insidebitcoins.com/visit/wienerai" rel="nofollow">WienerAI provides a secure and flexible investment option</a>, compatible with many decentralized applications. Overall, the WienerAI presale offers an engaging opportunity for investors looking to add a uniquely themed and potentially lucrative asset to their cryptocurrency portfolios. 
<a href="https://www.insidebitcoins.com/visit/wienerai" class="su-button su-button-style-3d" style="color:#000000;background-color:#F9A602;border-color:#c88502;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px" target="_self" rel="nofollow"><span style="color:#000000;padding:0px 24px;font-size:18px;line-height:36px;border-color:#fbc14e;border-radius:9px;-moz-border-radius:9px;-webkit-border-radius:9px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none"> Visit WienerAI Presale</a> 
<img decoding="async" class="wp-image-512871 size-large aligncenter" src="https://insidebitcoins.com/wp-content/uploads/2024/04/weinerai_sponsored-1024x614.png" alt="" width="640" height="384" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/weinerai_sponsored-1024x614.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/weinerai_sponsored-300x180.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/weinerai_sponsored-768x460.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/04/weinerai_sponsored.png 1201w" sizes="(max-width: 640px) 100vw, 640px"> 
Related News 
<ul class="ul1"> 
 <li class="li2"><a href="https://insidebitcoins.com/news/bitfinexs-tether-ceo-denies-cyberattack-amidst-f-society-ransom-demands">Bitfinex’s Tether CEO Denies Cyberattack Amidst F Society Ransom Demands</a></li> 
 <li class="li2"><a href="https://insidebitcoins.com/news/empowering-filipinos-tether-and-coins-ph-launch-blockchain-education-initiative">Empowering Filipinos: Tether and Coins.ph Launch Blockchain Education Initiative</a></li> 
 <li class="li2"><a href="https://insidebitcoins.com/news/citibank-says-blockchain-may-make-asset-management-more-efficient-after-tokenization-experiment-on-avalanche">Citibank Says Blockchain May Make Asset Management More Efficient After Tokenization Experiment On Avalanche</a></li> 
 <li class="li2"><a href="https://insidebitcoins.com/news/dispute-between-deutsche-bank-and-tether-over-stablecoin-stability-report">Dispute Between Deutsche Bank and Tether Over Stablecoin Stability Report</a></li> 
</ul>

Tether Expands Commitment to Eastern European Markets with New Investment in CityPay.io

Table of Contents

Inside Bitcoins

Other articles published on May 13, 2024

The Tech Behind: How Blockchain is Changing Charity

BitMEX Co-Founder Drops Crucial Notice About Crypto Accumulation; Top Altcoins That are Best To HODL

Degen Chain’s Significant Disruption Causes Prolonged Block Production Halt

Bitcoin Magazine CEO Shapes Trump’s Crypto Policy Agenda

Dormant Bitcoin Wallet from 2011 Moves $30,000,000 Worth of BTC

Keith Gill's 'Roaring Kitty' Comeback Sparks 1400% Surge Of Kitty-Themed Meme Coin

Join our free newsletter for daily crypto updates!