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 launch XAU1 in collaboration with the 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.
Tether Invests 600 Million in XREX Group to Drive Inclusive Finance in Emerging Markets