Tether's Investment in XREX Group Aimed at Enhancing Financial Inclusion in Emerging Markets

Wednesday, 5 June 2024, 05:12
Tether, a leading stablecoin issuer, has invested $18.75 million in XREX Group with the objective of promoting financial inclusion in emerging markets. The collaboration between Tether and XREX aims to leverage innovative financial solutions to empower underserved communities and drive economic growth. This strategic partnership signals a significant step towards bridging the gap in financial services access in emerging economies, ultimately fostering greater economic development and stability.
https://store.livarava.com/014c7d27-2314-11ef-a406-9d5fa15a64d8.jpg
Tether's Investment in XREX Group Aimed at Enhancing Financial Inclusion in Emerging Markets

Tether Invests $18.75 Million in XREX Group

Tether, one of the prominent stablecoin issuers, has made a substantial investment of $18.75 million in XREX Group, a global financial services company.

Driving Financial Inclusion in Emerging Markets

This investment is geared towards enhancing financial inclusion in emerging markets, particularly by leveraging innovative solutions and technologies.

The collaboration between Tether and XREX is aimed at empowering underserved communities by providing access to essential financial services.

Overall, this strategic partnership signifies a significant milestone in bridging the gap in financial services access in emerging economies, thereby contributing to economic growth and stability.

Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe