Tether backs $134M raise in stablecoin infrastructure
Tether backs $134M raise in stablecoin infrastructure Tether Investments has joined a $134M funding round for Stablecoin Development Corporation (SDEV), alongside Framework Ventures, reinforcing its push into stablecoin infrastructure. The move underscores Tether’s strategy to extend stablecoins beyond trading, strengthening their role in payments, cross-border transfers, and seamless digital dollar movement across platforms. With circulation exceeding $300B and transaction volumes surpassing traditional networks, the company is doubling down on the systems that support everyday usage. SD…
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