POPA ReconTether Invests In Remittance Fintech LemFi To Expand USDT Settlement Across Africa And Asia
Tether Invests In Remittance Fintech LemFi To Expand USDT Settlement Across Africa And Asia Tether has invested in fintech platform LemFi as the stablecoin issuer pushes deeper into cross-border payments and remittance infrastructure across emerging markets. Founded in 2021, LemFi says it serves over 1M users and has raised $85M to date. As part of the deal, the platform will integrate Tether’s settlement rails and use USDT as a settlement layer across key corridors in Africa and Asia. The integration aims to reduce reliance on traditional networks like SWIFT by enabling faster, cheaper, a…
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