Tether invests 600 million in XREX Group to drive 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, XREX will provide enterprises with more convenient, efficient, and cost-effective services, driving the transformation of financial transactions in emerging markets. Additionally, XREX will collaborate with Unitas Foundation to launch XAU1, a unit currency pegged to the value of Tether Gold (XAUt) with excess reserves and linked to the US dollar. XAU1 provides stablecoin users with a robust financial alternative and serves as a hedge tool against inflation.