Tether has announced a strategic investment in LemFi to deepen financial inclusion and accelerate the adoption of stablecoin-powered infrastructure in emerging markets.
LemFi operates across key corridors linking the UK, US, Canada and Europe with Africa and Asia. It makes it easier for millions of users to send money to family and communities abroad. For many of these users, the platform has effectively become a “financial home” where traditional banking rails have fallen short.
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With this new partnership, Tether plans to support LemFi in integrating USDT as a core settlement layer across its payment corridors. The goal is to replace slow, multi-day SWIFT-based transfers with near-instant, low-cost settlement powered by stablecoins.
Tether will also help scale LemFi’s broader stablecoin infrastructure across its product suite, enabling faster, more transparent, and more reliable financial services for users on both ends of cross-border corridors.
Commenting on the investment, Paolo Ardoino, CEO of Tether, emphasized the company’s focus on real-world utility and financial inclusion:
“At Tether, our goal is to promote financial inclusion, and we are committed to working with platforms building scalable financial solutions that address the real needs of our 585 million users globally. Our investment in LemFi reflects our shared vision on how money moves across borders, prioritizing speed, cost, and transparency.”
From LemFi’s side, CEO and Co-founder Ridwan Olalere described the investment as both validation and acceleration of its long-term vision:
“Tether’s investment is a significant milestone for us at LemFi, but more importantly, it is a validation of the direction we are heading. We have always believed that the financial system should work equally well for everyone… Integrating USD₮ into our infrastructure brings us closer to that reality.”
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