Tether backs Whop with $200M as USDT payments roll out
The post Tether backs Whop with $200M as USDT payments roll out appeared on BitcoinEthereumNews.com.
What Tether’s $200M in Whop changes for users According to Tech Funding News, Tether has invested $200 million in Whop, valuing the marketplace at $1.6 billion. The report adds that USDT payments are planned for 18 million users across 144 countries, with early emphasis on Latin America and Europe. For creators, the integration is designed to widen payment acceptance and reduce friction around cross‑border earnings. For buyers, USDT at checkout could provide a stable, card‑free option in supported jurisdictions. The practical change will depend on how Whop implements wallets, settlement flows, and fiat conversion. Until those parameters are disclosed, users should expect a phased experience aligned with local compliance requirements. Why this deal matters for creators and buyers Stablecoins can compress payout times and foreign‑exchange overhead compared with traditional card rails. For global creator businesses, that could translate into more predictable cash flow and fewer intermediaries, subject to regional regulation. Steven Schwartz, CEO of Whop, said the partnership is “a major step in building the world’s largest internet market,” noting the opportunity to help “everyone in the world to participate in the new internet economy.” If execution matches intent, creators could see simpler reconciliation: one ledger for multi‑country sales, clearer settlement timestamps, and reduced chargeback exposure relative to cards. Buyer trust will still hinge on buyer protection policies Whop applies to crypto payments. BingX: a trusted exchange delivering real advantages for traders at every level. Near‑term, the announcement signals product priority rather than finalized payment terms. Public materials reviewed so far do not specify exact go‑live dates, supported wallets, or transaction thresholds. Fees, custody options, and on/off‑ramp coverage have not been detailed. Any rollout will likely vary by jurisdiction as Whop aligns with applicable compliance controls and partner infrastructure. Regional targeting points to Latin America and Europe first, per the…
Filed under: News - @ February 26, 2026 11:27 am