2026-01-03 03:33:59

Stablecoin leader Tether recently announced an investment in an interesting project—SQRIL, a platform focused on real-time cross-border QR code payments. Although the specific funding amount has not been disclosed, this move is quite intriguing.

SQRIL's target markets are quite clear, mainly focusing on Asia, Africa, and Latin America. Most importantly, it can seamlessly integrate with traditional banking systems and is also compatible with APIs of mainstream digital payment apps like Venmo, Revolut, and Cash App.

What does this mean? Simply put, Tether is exploring new application scenarios for stablecoins. No longer just trading pairs on exchanges, but truly penetrating cross-border payments and everyday financial services. For these emerging markets, the demand for fast, inexpensive cross-border transfers has always been strong, and QR code payments are the most familiar method for local users. This investment by Tether, to some extent, is paving the way for USDT to flow into practical payment scenarios.

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WhaleWatcher

· 4h ago

Tsk, Tether finally decided to do something practical, but it's just QR code payments. Still feels too conservative.

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OnlyUpOnly

· 4h ago

Oops, USDT is finally going out to work, no longer just staying in the exchange gathering dust.

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GasOptimizer

· 4h ago

The funding amount hasn't been announced, and the data is incomplete... How can we calculate the capital efficiency?

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ser_ngmi

· 4h ago

This is what true breakout looks like. USDT is no longer sitting idle on exchanges; it's directly entering people's wallets. Stablecoins should be played like this—don't just think about harvesting profits. The QR code trick is brilliant. Brothers in Asia, Africa, and Latin America have long been used to scanning codes, and USDT is riding the wave. Tether is playing chess again. This wave of investment patterns is indeed different. On the nice side, it's called a payment revolution; on the less nice side, it's just trying to earn more fees haha.

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