Tether makes strategic investment in Whop, a global internet marketplace platform.

PANews reported on February 25th that, according to its official blog, Tether announced a strategic investment in Whop, the global internet marketplace platform (the specific amount was not disclosed). Whop is currently the world's largest internet marketplace, with over 18.4 million users, annual revenue of approximately $3 billion, and a monthly transaction volume growth rate of 25%.

As part of the investment partnership, Whop will integrate Tether's Wallet Development Kit (WDK), enabling creators and users to make efficient payments using USD₮ and USA₮. This collaboration aims to leverage stablecoin technology to reduce friction and costs associated with traditional payment systems, supporting Whop's international expansion into Latin America, Europe, and the Asia-Pacific region.