
Tether has announced a strategic investment of $3 million in the Kem app, aiming to enhance the adoption of its stablecoin, USDT, for money transfers in the Middle East. Paolo Ardoino, Tether's CTO, emphasized the importance of providing individuals and businesses with tools to protect against inflation. This investment is part of Tether's broader strategy to leverage its profits from high interest rates to support startups and promote financial inclusion in the region.
#Tether Invests $3 Million in Kem App to Boost #USDT Usage in the Middle East #NewsBytes https://t.co/ggZquXI59B
High interest rates helped Tether make billions, and now it plans to pour that money into startups. https://t.co/r78n8MFKYL
Tether To Make Strategic $3 Million Investment in Kem, Paving the Way for Financial Inclusion in the Middle East Learn more: https://t.co/20oivMsS6P
