Tether Partners with Whop, Expanding Stablecoin Reach Across the Internet Economy

Tether Partners with Whop, Expanding Stablecoin Reach Across the Internet Economy
Table of Contents

TL;DR:

  • Tether made a strategic investment in Whop.com, the world’s largest internet marketplace, with more than 18.4 million users.
  • The platform will integrate Tether’s Wallet Development Kit to offer stablecoin payments with self-custody of funds.
  • Whop records a gross transaction volume growing at nearly 25% per month, with users generating approximately $3 billion per year.

TetherĀ announced aĀ strategic investmentĀ in Whop.com, a platform described as the world’s largest internet marketplace, where creators and users can build, connect and transact within a single system. The deal aims toĀ integrateĀ stablecoinĀ infrastructure into the real digital economy, with a focus on markets where traditional payment systems generate friction and unnecessary costs.

As part of the agreement,Ā Whop will adopt Tether’s Wallet Development Kit (WDK) to offer faster and more efficient global payments. It will also allow its users to maintain direct control over their funds. This integration will provide on-chain settlement and transforms the platform into a self-custody digital wallet with support for lending through DeFi primitives.

“Stablecoins and wallets become more powerful when integrated directly into people’s lives,” said Paolo Ardoino, CEO of Tether. The executive noted that this investment reflects the company’s focus onĀ supporting real economic activity withĀ digital dollar infrastructureĀ scalable to billions of users across every continent.

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Whop currently counts more thanĀ 18.4 million users, who generate approximatelyĀ $3 billion per year. Gross transaction volume is growing at roughlyĀ 25% per month, reflecting strong and sustained demand for efficient payment infrastructure at international scale.

Steven Schwartz, CEO and co-founder of Whop, stated that the goal is toĀ build aĀ marketplaceĀ where anyone in the world can create, connect and receive payments instantly. The funding round will support international expansion into Latin America, Europe and Asia-Pacific, along with the development ofĀ artificial intelligence tools designed to generate autonomous income opportunities for digital entrepreneurs.

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