Tether invests an undisclosed sum in payment processor CityPay.io, integrating USDT as a payment option in over 600 locations. This move aligns with Tether’s plan to allocate excess profits to infrastructure and payments projects, expanding stablecoin utility beyond just a trading tool.
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Tether Invests in Georgia’s Crypto Scene: Analyzing the Impact & Challenges of Adoption
Tether plans to expand in the Republic of Georgia by investing in CityPay.io, a leading payment processing company. Georgia is becoming an attractive destination for cryptocurrency companies, thanks to its progressive regulatory framework and initiatives like Binance’s new blockchain hub.