Million

Foundation

<p>The post <a href="https://coinpedia.org/crypto-live-news/tether-invests-18-75m-in-xrex-to-encourage-cross-border-payments/" rel="noopener noreferrer nofollow">Tether Invests $18.75M In XREX To Encourage Cross-Border Payments</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Tether has announced an $18.75 Million investment in the XREX group, with which XREX plans to facilitate cross-border B2B payments in emerging markets using USDT and intends to work with Tether to develop regulatory technology tools to detect and prevent the illicit use of stablecoins. Paolo Ardoina, the CEO of Tether stated that the collaboration with XREX will lead to several initiatives including the launch of a unique new unitized stablecoin by the Unitas Foundation and the USDT-based cross-border payment, setting a new benchmark for financial accessibility and efficiency.</p>

Tether Invests $18.75M In XREX To Encourage Cross-Border Payments

CoinPedia News

Other articles published on Jun 5, 2024

MoonBag, the Top Crypto Presale, Provides a Safe Haven Amid Investor Exodus from Dogeverse and Po...

Find Out Why Investors Are Choosing the MoonBag Presale Over Bitcoin Cash and Dogecoin

Stocks to Watch Today: HPE, AVGO, and SMCI

Solana Investors Are Watching These Rising Altcoin Stars

Solana Hits $1.5 Billion in Stablecoin Inflows as SOL Price Rises 246%

Tezos’s 16th Upgrade Significantly Enhances Speed, Scalability, and Reliability

Join our free newsletter for daily crypto updates!