Tether Expands Reach in Eastern Europe Through CityPay.io
Tether Operations Limited, the stablecoin issuer of USDT, announced today its strategic move to expand further into Eastern Europe by increasing its investment in CityPay.io, a platform facilitating cryptocurrency payments at various establishments.
- Tether injects additional investment into CityPay.io
- CityPay.io enables users to make payments using cryptocurrencies like Bitcoin
- The platform has over 600 locations in Georgia
- Plans to introduce e-wallet and card solutions within two years
- CityPay.io aims to establish 500,000 crypto payment points across expansion regions
- Tether CEO, Paolo Ardoino, expresses enthusiasm about the collaboration
- Excited to drive adoption of disruptive technologies in payment systems
Tether’s Ongoing Expansion through Collaborations
Recent strategic partnerships and platform launches highlight Tether’s continued expansion into the digital asset space, showcasing a shift towards broader innovation beyond stablecoin offerings.
- Partnership in Turkey and Middle East for digital asset education
- Memorandum of Understanding focuses on cross-border payments, compliance, and education
- Focus on initiatives like Tether Evo to drive technological advancements
- Recent launch on TON blockchain for enhanced accessibility and utility
Tether’s Commitment to Innovation and Expansion
With a strong focus on strategic partnerships, educational initiatives, and platform launches, Tether is positioning itself as a key player in driving innovation and expansion within the digital asset ecosystem.
- Continued investment in CityPay.io to enhance cryptocurrency payment solutions in Eastern Europe
- Exploration of new markets and partnerships to drive awareness and adoption of digital assets
- Introduction of cutting-edge technologies to disrupt traditional payment systems
- Expansion of Tether’s presence on various blockchain networks for enhanced accessibility and utility
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