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TON has registered an exceptional performance this year, outpacing many popular cryptocurrencies.

Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate USDT-based cross-border payments in emerging markets.

Tether recently invested $18.75 million in XREX Group and introduced a new stablecoin, XAU1, aiming to enhance cross-border business-to-business (B2B) payments and regulatory technology in the digital asset industry.

Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto airdrops.

Tether's CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved.

Tether's $18.75M bet on XREX unlocks USDT cross-border payments, inflation-hedged stablecoins, and regulatory tech.

Tether CEO Paolo Ardoino has raised concerns following reports of a potential security breach affecting a vendor used by many cryptocurrency companies. While not naming the vendor, it was later revealed to be CoinGecko, a popular platform for cryptocurrency data.

Tether CEO Paolo Ardoino has warned crypto users on Twitter about an ongoing email scam. The scam emails were sent out following the breach of a prominent email vendor.

The crypto industry faces a potential security threat that could target users through phishing emails.

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.

Tether's CEO cautions cryptocurrency users to be wary of crypto-airdrop-related emails received in the last 24 hours.

Paolo Ardoino, the CEO of stablecoin issuer Tether, warned on June 5 about a potential security breach involving an unnamed crypto mailing list provider.

Tether has announced an investment of $18.75 million in XREX Group. This funding aims to enhance USDT-based cross-border payments, particularly in emerging markets.

Tether's CEO warns of a compromised email service affecting crypto firms. CoinGecko confirms potential impact, urging caution against phishing scams.

In a concerning development for the cryptocurrency community, it has been confirmed that a major vendor managing mailing lists for various crypto companies has been compromised. This breach has potentially exposed sensitive information, leading to a wave of fraudulent emails suggesting crypto-airdrops.

CoinGecko COO Bobby Ong confirmed the warning, indicating the crypto data platform's newsletter service could be impacted.

Tether and XREX's partnership will launch new regulatory technology tools to detect and prevent the illicit use of stablecoins in emerging markets.

Cryptocurrency users should exercise extreme caution to crypto-airdrop-related emails received in the past 24 hours, according to Tether's CEO.

Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology.

Cross-border payments startup XREX has raised $18.75 million from Tether to expand use cases for USDT-based payments in emerging markets.

In a strategic move aimed at enhancing the efficiency of cross-border transactions, Tether has announced a significant investment of $18.75 million in XREX Group. This infusion of capital shows Tether's commitment to fostering innovation within the global payment ecosystem.

Tether invests $18.75 million in XREX Group to enhance cross-border B2B payments using USDT, streamlining international trade.

Tether announced a strategic $18.75M investment in XREX, aiming to enhance cross-border payments and promote financial inclusion. The post Tether announces $18.75M investment in XREX Group to boost crypto adoption and financial inclusion appeared first on Crypto Briefing.

Tether is investing $18.75 million in the Taiwan-based cryptocurrency exchange to "drive financial inclusion" in emerging markets.