Tether invests in marketplace Whop, to integrate USDT payments

Tether Investments, the investment arm of stablecoin issuer Tether, announced a strategic equity investment in the online marketplace Whop on Feb. 25. According to The Block, the investment will enable Whop to integrate stablecoin payments using Tether's Wallet Development Kit (WDK). This will allow creators and users on the platform to settle transactions using stablecoins such as USDT and UAST. Whop has around 20 million users worldwide.