Tether is investing in fintech platform LemFi to expand remittances in emerging markets. LemFi plans to introduce USDT into payment systems where it operates and replace parts of traditional interbank remittance processes with stablecoin and blockchain-based settlement. The companies aim to speed up cross-border transfers and reduce operating costs. Tether CEO Paolo Ardoino said the investment reflects a shared vision prioritising speed, cost and transparency in moving funds across borders.

Tether, the world’s largest stablecoin issuer, has filed multiple trademark applications in South Korea, including for its corporate brand and gold-linked stablecoin Tether Gold (XAUT). The move comes as discussions advance on tightening stablecoin rules, including possible requirements for foreign issuers to set up local branches. Rival Circle has also stepped up outreach in Korea and expanded platform partnerships. The domestic market is seen as large, though the regulatory framework is still unsettled.