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Tether, Issuer of USDT, Invests $200 Million in Whop to Expand Stablecoin Payments

Tether invests $200 million to integrate Wallet Development Kit for self-custodial wallets and DeFi features, supporting Whop’s growth to 18.4 million users globally.

  • On Wednesday, Tether Investments announced a $200 million strategic investment in Whop, online marketplace and fintech platform, in a New York press release dated Feb. 25, 2026.
  • By integrating Tether’s Wallet Development Kit, Whop will enable self-custodial wallets, DeFi primitives, and seamless on-chain settlement supporting USDT and USAT.
  • Whop’s existing scale shows it supports more than 18.4 million users, facilitates $3 billion in annual payouts, and sees roughly 25% month-over-month transaction growth.
  • Creators on Whop will gain faster global payments with self-custodial wallets and can settle in USDt and USAT without relying on banks and card networks.
  • The funding will support expansion across LATAM, Europe and APAC while adding DeFi lending tools, and Whop CEO Steven Schwartz said the deal values the startup at $1.6 billion.
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The issuer of the digital asset invested $200 million in the Whop.com platform to enable stablecoin payments. Read more

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Block Telegraph broke the news in on Wednesday, February 25, 2026.
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