By means of Tether’s investment, Fizen’s platform can now deliver a stablecoin directly into the hands of the unbanked.
Tether, the entity behind the largest stablecoin USDT, has taken a strategic stake in Fizen Limited to hasten the expansion of its stablecoin and self-custody offerings.
Details of the partnership, unveiled on April 15, withheld monetary figures, yet it remains consistent with Tether’s wider aim of harnessing blockchain to extend expanded financial access.
Growing the adoption of stablecoin payments
A person told the press that the investment will enable Fizen to expand its blockchain infrastructure and foster interoperability among stablecoins across multiple networks.
Leo Vu, Fizen’s Founder & CEO remarked:
“Stablecoins such as USD₮ are poised to considerably spur crypto payment adoption and advance financial inclusion across the globe. The technology infrastructure is already in place, yet we still need consumer-friendly applications with intuitive UI/UX to speed up broad integration.”
Tether has stated that, through the collaboration, Fizen will be able to deliver a more intuitive platform for the storage and trading of stablecoins. The approach further removes customary barriers—namely burdensome paperwork and restricted access—most especially to those who remain unbanked.
The additional capital will likewise allow merchants to accept more stablecoin payments via QR-code or card. In turn, this eliminates the need for extra infrastructure or hardware, so merchants across the globe can effortlessly accept cryptocurrency.
Commenting on the partnership, Tether Chief Executive Officer Paolo Ardoino praised the venture as evidence of the firm’s vision to put digital currencies to practical use. Tether CEO Paolo Ardoino described the collaboration as evidence of the company’s vision of putting digital currencies to productive use. In his view, Fizen charts a course to financial autonomy through self-custody and simple Pay.
Tether investments
That investment aligns with Tether’s objective of benefiting the company so it can continue supporting the crypto industry.
Over the last twelve months, the stablecoin’s issuer has channeled several tens of millions of dollars into numerous blockchain and conventional companies. Further investments the company has made span Bitcoin-mining enterprise Bitdeer, the media platform Rumble, and Italian football club Juventus. Moreover, over the same timeframe, the company has likewise poured capital into agricultural enterprise Adecagro and Italian production firm Be Water.
While the company continues to grow, it still concentrates on its flagship USDT stablecoin. According to crypto data site CryptoSlate, as of April 2025 USDT continues to stand as the world’s foremost stablecoin, commanding a market cap of $144 billion.