Tether Backs Fizen to Boost Global Stablecoin Adoption

2025-04-17 06:33:25

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Tether has invested in fintech firm Fizen to accelerate the real-world adoption of stablecoins and promote global financial inclusion through user-friendly self-custody payment solutions.

Fizen Secures Strategic Investment from Tether to Expand Stablecoin Utility

Tether, the world’s leading stablecoin issuer, has announced a strategic investment in Fizen Limited, a fintech startup focused on self-custody wallets and digital payment infrastructure. The move reinforces Tether’s mission to enhance financial inclusion by supporting technologies that make stablecoin usage more seamless and practical for everyday transactions.

Fizen’s platform allows users to pay with stablecoins via familiar tools like QR codes and card readers, while merchants receive fiat instantly, eliminating the need for complex integrations. This frictionless approach aims to tackle a major hurdle for stablecoins: merchant adoption.

“Tether’s investment in Fizen underscores our commitment to expanding global access to efficient and reliable digital financial solutions that promote the informed, responsible use of digital assets in everyday life,” said Paolo Ardoino, CEO of Tether.

Tether’s investment will help Fizen scale its blockchain capabilities and expand stablecoin interoperability across ecosystems. The partnership also addresses global financial exclusion, as millions of unbanked individuals remain underserved by traditional banking systems.

Leo Vu, Founder and CEO of Fizen.io, stated, “Stablecoins like USDT will undoubtedly drive crypto payments and financial inclusion worldwide. Fizen is solving this by making crypto payments an intuitive part of daily transactions, allowing users to pay seamlessly without even realizing they are using blockchain technology.”

With QR code payments projected to surpass $3 trillion globally, Fizen’s real-world payment technology is positioned to drive adoption at scale. As smartphone use rises and demand for cashless transactions grows, Tether and Fizen are laying the groundwork for a future where crypto payments are as accessible as any other method.

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