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Tether invests in LemFi to boost USDT remittance across Africa and Asia with faster, cheaper transfers.

Market News
18 May 2026
AMBCrypto
View Source
Bullish
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Tether has invested in LemFi to integrate USDT stablecoin into cross-border payment corridors linking Africa and Asia with Western countries. This partnership aims to replace slow, costly SWIFT settlements with near-instant stablecoin transfers, improving speed, reducing costs, and expanding financial access for underbanked users. The move reflects a broader trend of stablecoin issuers focusing on real-world payment infrastructure beyond crypto trading. Tether plans to expand USDT use across LemFi's products, enhancing global remittance services especially in emerging markets with high remittance flows and limited banking access.

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