Techub News: The stablecoin issuer Tether has disclosed an investment in the real-time cross-border QR code "Scan to Pay" platform SQRIL, with the specific investment amount not yet disclosed. The announcement states that SQRIL primarily targets markets in Asia, Africa, and Latin America, and can be integrated with traditional banks and digital financial services such as Venmo, Revolut, Cash App, and others via API. Tether stated that the new funds will be used to explore more efficient stablecoin and QR code cross-border payment solutions.
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Techub News: The stablecoin issuer Tether has disclosed an investment in the real-time cross-border QR code "Scan to Pay" platform SQRIL, with the specific investment amount not yet disclosed. The announcement states that SQRIL primarily targets markets in Asia, Africa, and Latin America, and can be integrated with traditional banks and digital financial services such as Venmo, Revolut, Cash App, and others via API. Tether stated that the new funds will be used to explore more efficient stablecoin and QR code cross-border payment solutions.