Cross-border payments startup XREX has secured $18.75 million from Tether to expand the use cases for USDT-based payments in emerging markets. Founded by Wayne Huang and Winston Hsiao, XREX aims to double down on stablecoin cross-border business-to-business (B2B) payments. The Taipei-based company plans to use the funds to facilitate compliant, USDT-based cross-border B2B payments in emerging markets, offering businesses greater ease, efficiency, and potentially lower costs. Additionally, XREX will collaborate with the Unitas Foundation to launch XAU1, a stablecoin backed by Tether Gold (XAUt), providing a hedge against inflation.
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Mkt Cap $2.30T
BTC Dom 56.77 %
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$65,017.00
▲ +0.70%
ETH
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▲ +0.90%
USDT
$0.999259
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BNB
$590.89
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USDC
$0.99947
▲ +0.00%
XRP
$1.04
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SOL
$73.71
▲ +0.50%
TRX
$0.327825
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FIGR_HELOC
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DOGE
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$0.99983
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LEO
$9.77
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ZEC
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XMR
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USDE
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USDT
$0.999259
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BNB
$590.89
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USDC
$0.99947
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XRP
$1.04
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SOL
$73.71
▲ +0.50%
TRX
$0.327825
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FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.76
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DOGE
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USDS
$0.99983
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RAIN
$0.012752
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LEO
$9.77
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ZEC
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ADA
$0.201018
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XMR
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WBT
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LINK
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XLM
$0.161271
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DAI
$0.999763
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BCH
$216.70
▲ +2.30%
USD1
$0.999708
▲ +0.00%
USDE
$0.999646
▲ +0.00%
GRAM
$1.34
▼ -2.80%
Mkt Cap $2.30T
BTC Dom 56.77 %
BTC
$65,017.00
▲ +0.70%
ETH
$1,926.33
▲ +0.90%
USDT
$0.999259
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BNB
$590.89
▼ -0.20%
USDC
$0.99947
▲ +0.00%
XRP
$1.04
▼ -1.30%
SOL
$73.71
▲ +0.50%
TRX
$0.327825
▲ +0.20%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.76
▲ +2.50%
DOGE
$0.069894
▲ +0.90%
USDS
$0.99983
▲ +0.00%
RAIN
$0.012752
▲ +1.40%
LEO
$9.77
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ZEC
$509.34
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ADA
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XMR
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WBT
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LINK
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XLM
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DAI
$0.999763
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BCH
$216.70
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USD1
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$0.999646
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GRAM
$1.34
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