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

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