Tether invests 600 million in XREX Group to promote inclusive finance in emerging markets

With 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. This will provide enterprises with more convenient, efficient, and cost-effective services, driving the transformation of financial transactions in emerging markets. Furthermore, XREX will collaborate with Unitas Foundation to launch XAU1, 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.