The post Tether Partners with ZenGo to Make Stablecoins More Accessible appeared on BitcoinEthereumNews.com.

Tether invests in ZenGo Wallet to enhance security and accessibility for stablecoin transactions, expanding global adoption. ZenGo Wallet’s MPC technology removes private key risks, aligning with Tether’s goal of a safer and user-friendly crypto ecosystem. Tether, a major player in the stablecoin space, has made a strategic investment in ZenGo Wallet, a self-custodial crypto wallet recognized for its strong security measures. Security Above All Security is everything in the cryptocurrency industry. One small error might cause great loss of priceless resources. ZenGo, on the other hand, presents a different strategy than traditional crypto wallets still based on passphrasing. Multi-Party Computation (MPC) technology runs this wallet, hence its system lacks a single point of failure. No private keys that could be leaked, no passphrase that could be taken advantage of. With its large ecosystem, Tether sees great possibilities in this approach. ZenGo can be a link for more people to migrate to the digital ecosystem without fearing losing their assets by guaranteeing the accessibility and security of stablecoin transactions. Tether Announces Strategic Investment in Zengo Wallet to Advance Global Stablecoin AdoptionLearn more: https://t.co/d4gjqHkSw5 — Tether (@Tether_to) February 11, 2025 ZenGo: More Than Just a Crypto Wallet ZenGo is more than just a place to store crypto. Features of this wallet let users invest, make cross-chain transactions, and maybe get theft protection. ZenGo provides a safer asset transfer tool to be passed on to heirs even for those concerned about digital inheritance. Moreover, ZenGo offers 24/7 customer service—something rare in the world of crypto wallets. All of this reflects Tether’s goal to make the blockchain-based financial system more widely available to all. Paolo Ardoino, CEO of Tether, stated: “Tether is committed to delivering reliable and secure tools that empower users to take control of their digital assets. Our investment in Zengo reflects…

---

Filed under: News - @ February 12, 2025 4:28 pm