Tether invests in LemFi

Odaily reported that Tether announced an investment in the financial platform LemFi.

This investment aims to support LemFi in integrating USDT as a settlement layer in its key channels, achieving near-instant low-cost settlements in Africa and Asia. It also seeks to accelerate the development of LemFi's stablecoin infrastructure and gradually expand it to a wider range of products.