Tether invests $18.75 million in cryptocurrency exchange XREX
2024-06-05 08:06:40
Tether announced a $18.75 million investment in cryptocurrency exchange XREX Group. XREX said that with the new funds, the company plans to use USDT to further facilitate cross-border business-to-business payments in emerging markets. The company also intends to work with Tether to develop regulatory technology tools to detect and prevent the illicit use of stablecoins.
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