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

With funds from Tether, XREX will deepen its cultivation in emerging markets, promote compliant enterprise-level (B2B) cross-border payments, using USDT as the core foundation to provide businesses with more convenient, efficient, and cost-effective services, driving the transformation of financial transactions in emerging markets. In addition, XREX will launch XAU1 in collaboration with the Unitas Foundation. XAU1 is a unit currency with excess reserves backed by Tether Gold (XAUt) and pegged to the value of the US dollar, providing stablecoin users with a robust financial alternative and a hedge tool against inflation.