Tether Invests 600 Million in XREX Group to Drive Inclusive Finance in Emerging Markets

With the funding from Tether, XREX will deepen its efforts in emerging markets, promoting compliant enterprise-level (B2B) cross-border payments with USDT as the core foundation, providing businesses with more convenient, efficient, and cost-effective services to drive the transformation of financial transactions in emerging markets. Additionally, XREX will collaborate with the Unitas Foundation to launch XAU1, a unit currency pegged to the value of gold (Tether Gold, symbol XAUt) with excess reserves, providing stablecoin users with a solid financial alternative and a hedge against inflation.