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