Tether Backs LemFi in Strategic Investment to Supercharge Migrant Remittances

Tether Backs LemFi in Strategic Investment to Supercharge Migrant Remittances

The stablecoin giant announced an undisclosed investment in LemFi, a migrant-focused remittance-based platform that allows users to send and receive …

Tether invests in LemFi to promote Stablecoin-Powered Remittances across emerging markets

Tether, the largest company in the digital asset industry and issuer of USD?, the world’s most widely used stablecoin, today announced an investment in LemFi, a financial platform serving millions of people who live and work across borders.  This investment aims to promote financial inclusion and expand access to efficient, borderless financial systems, while accelerating […] The post Tether

Tether pushes USDT deeper into cross-border payments with LemFi investment

Tether is expanding USDT’s role in global remittances through a new investment in cross-border payment platform LemFi.

Tether invests in financial platform LemFi to increase stablecoin remittance in emerging markets

Tether and LemFi, two financial juggernauts in different sectors, have announced a partnership. Tether, the issuer of popular stablecoin USDT, announced on Monday that it had invested in the fintech app used to transfer funds from Europe and the Americas to Africa and Asia. The deal will embed USDT as a system for payments across LemFi’s operating regions, replacing slower bank-to-bank transfer chains with stablecoins and the blockchain. The Tet…

LemFi Secures Strategic Investment From Tether to Boost Stablecoin‑Powered Transfers

TL;DR: Tether announced an investment in LemFi to integrate USDT as a settlement layer in remittance corridors to Africa and Asia. The alliance will replace SWIFT, whose processing takes several days, with near-instant, low-cost settlements. Paolo Ardoino, CEO of Tether, highlighted that the company has 585 million users worldwide and prioritizes speed and transparency. Tether announced an investment in LemFi, a financial platform specialized i…

Tether invests in LemFi as USDT enters 30 new markets

🚀 Tether invests in LemFi as $USDT enters 30 new markets. Funds now move faster and cheaper for African and Asian remittances. Continue Reading:Tether invests in LemFi as USDT enters 30 new markets The post Tether invests in LemFi as USDT enters 30 new markets appeared first on COINTURK NEWS...