Tether's $18.75 Million Investment in XREX to Boost Cross-Border Payments in Emerging Markets
Tether Invests in XREX for Cross-Border Payments
Tether, a prominent cryptocurrency firm, has recently invested $18.75 million in XREX, a payment processing company, to boost cross-border transactions. This partnership aims to enhance financial accessibility and streamline international payments in emerging markets.
Significance of the Investment
This strategic move by Tether is set to revolutionize cross-border payments, improving efficiency and reducing transaction costs. By facilitating seamless transactions in emerging economies, the collaboration between Tether and XREX seeks to drive economic growth and promote financial inclusion.
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