Tether partners with crypto payment infrastructure provider Xion Global
August 05, 2024, 12:28 PM
Tether (USDT), the world's largest stablecoin issuer, announced on its official website that it has entered into a strategic partnership with Xion Global, a multi-chain Web3 cryptocurrency payment infrastructure provider. The two companies plan to launch a joint initiative to promote blockchain education in South Africa. Tether explained that Xion Global's solutions have the potential to enhance South Africa's digital transaction infrastructure. By integrating these solutions with the country's largest QR ecosystem, the "Scan to Pay" application, they aim to provide advanced financial services leveraging blockchain technology to South African citizens. Furthermore, Tether noted that Xion Global's Web3 payment API will allow users to make cryptocurrency payments, including USDT, with the same ease as fiat currency transactions.
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