How Tether and Fizen Are Quietly Taking Over the World 🌍💸

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In a move that could only be described as both audacious and slightly suspicious, Tether has decided to throw its weight behind Fizen Limited, a fintech company that seems to have cracked the code on self-custody wallets and digital payments. 🕵️‍♂️💼

Together, Tether and Fizen aim to make stablecoins as common as avocado toast in the real world, particularly for those who’ve been left out of the banking system. Fizen’s self-custody wallets allow users to store, transfer, and spend stablecoins with the ease of ordering a latte. ☕💳

Their technology is so simple, even your grandma could use it. With features like QR codes and card readers, businesses can accept stablecoins and get instant fiat settlements without needing to build a spaceship. 🚀💻

Tether Announces Strategic Investment in Fizen to Strengthen Global Stablecoin Utilization and Self-Custody Solutions

— Tether (@Tether_to) April 15, 2025

According to the World Bank’s Global Findex Report, millions of people are still unbanked, either because they can’t access financial institutions or because they’ve misplaced their ID in the couch cushions. 🛋️📄

Tether’s investment will help Fizen scale its blockchain technology, making stablecoins as ubiquitous as cat videos on the internet. 🐱📈

Merchant adoption of stablecoins

Despite the promise of fast and cheap transactions, getting merchants to adopt stablecoins has been like herding cats. Fizen’s approach aims to change that by making the payment experience as smooth as a jazz saxophone solo. 🎷💳

With QR code payments expected to surpass $3 trillion globally by 2024 and more people getting smartphones, the stage is set for stablecoins to take over the world. 🌍📱

“Tether’s investment in Fizen is all about our goal to make efficient digital financial solutions accessible to everyone,” said Paolo Ardoino, Tether’s CEO. He noted that having a self-custodial setup is key to making stablecoins practical for real-world use. 🗝️💡

Tether said it is making this move to advance its USDT (USDT) stablecoin and support financial freedom and inclusion. Because who doesn’t love a little freedom with their morning coffee? ☕🗽

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2025-04-15 17:32