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cover-imageCrypto Economy
June 5, 2024

Tether Expands B2B Payments: $18.75M XREX Investment and New XAU1 Stablecoin

TL;DR Tether invests $18.75 million in XREX Group to drive cryptocurrency adoption and global financial inclusion. The investment aims to revolutionize cross-border payments with the launch of XAU1, a new stablecoin. The collaboration also aims to innovate in regulatory technology to prevent the illegal use of stablecoins, thereby strengthening security in the crypto ecosystem.

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