Stablecoin leader Tether recently announced an investment in real-time cross-border QR code payment platform SQRIL, with the specific investment amount not disclosed. This move marks a further deepening of Tether's payment ecosystem layout.



SQRIL focuses on emerging markets in Asia, Africa, and Latin America. The platform achieves interoperability with traditional banks (Barclays, Bank of America, etc.) and mainstream digital wallets such as Venmo, Revolut, Cash App through API integration capabilities. This interconnected payment infrastructure design provides users with multiple channels for fiat-to-crypto and crypto-to-fiat transactions.

Behind Tether's investment, it reflects an industry trend of stablecoin applications shifting from trading tools to payment infrastructure. By collaborating with SQRIL, Tether extends the use cases of USDT into offline payment scenarios in emerging markets, which is significant for promoting the real-world adoption of stablecoins. For investors interested in the payment sector and stablecoin ecosystem, such strategic investment movements are worth ongoing attention.
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TopBuyerBottomSellervip
· 16h ago
USDT sinks into emerging markets, this wave is quite interesting, but QR code payments feel a bit outdated.
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RektButAlivevip
· 16h ago
Is stablecoin really going into payments? Is USDT trying to take over the traditional payment market?
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