Tether invests over $18m in Taiwan's XREX Group

Tether invests over $18m in Taiwan's XREX Group

FILE PHOTO: Smartphone with Tether logo is placed on displayed U.S. dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Tether, the company behind the world’s largest stablecoin USDT, has made a strategic investment of $18.75 million in Taipei-headquartered XREX Group.  

Edited by: Deepshikha Monga