Tether Invests in Fizen to Enhance Global Stablecoin Adoption and Self-Custody Solutions

Tether Holdings SA has announced a strategic investment in fintech firm Fizen Limited, aimed at enhancing global stablecoin adoption and self-custody solutions. This investment is part of Tether’s broader strategy to strengthen the utilization of stablecoins in digital payments. Fizen specializes in self-custodial wallets and allows users to make payments using stablecoins while enabling merchants to receive fiat currency without requiring additional infrastructure. The partnership is expected to facilitate multi-chain stablecoin transactions, thereby improving financial access for users. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant