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Tether Backs Stablecoin Payments Across 17 Countries

By Damilola Esebame

Photo for: Tether Backs Stablecoin Payments Across 17 Countries

Source excerpt · FinanceFeeds

Tether invested in EFY Finance through the company's seed round, the stablecoin issuer announced on 13 October . The deal backs a platform that settles USDT and USAT payments to local accounts in 17 countries. EFY has more than 25,000 active individual and business accounts, with conversion services spanning more than 12 currencies and payment corridors. However, the investment amount was not disc…