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Saber Money raises funds from Tether and Titan Fund to expand cross-border payments in Asia-Pacific and Gulf.

Market News
16 Oct 2026, 09:52 WIB
Crypto news
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Bullish
Saber Money raises funds from Tether and Titan Fund to expand cross-border payments in Asia-Pacific and Gulf.

Saber Money secured strategic funding from stablecoin issuer Tether and CMCC Global’s Titan Fund to grow its cross-border payment services across Asia-Pacific and the Gulf region. The investment will support obtaining new regulatory licenses, banking partnerships, and developing payment products for businesses in emerging markets. Saber has seen over sixfold growth in payment volumes in nine months, processing billions across 40+ countries, with 90% of payments completed in under a minute. The company aims to improve settlement costs and expand local banking access to enhance international transfers for businesses.

Saber Money's expansion plans in Asia and the Gulf come as a backdrop to today's cryptocurrency market activity on Pluang. Of 50 major cryptocurrencies priced, 45 rose and 4 fell. Notable movers include VeChain (VET) at Rp128 with a 7.77% increase and a Pluang order activity split of 60% Sell to 40% Buy, Tezos (XTZ) at Rp5.632 with a 7.44% rise and 77% Sell to 23% Buy order activity, and Bitcoin Cash (BCH) at Rp4.993.154 with a 7.44% gain and 67% Sell to 33% Buy order activity. This data is as of Oct 16, 2026 13:02 WIB.

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