Tether invests in fund management and settlement infrastructure Axiym

Odaily reported that stablecoin issuer Tether announced an investment in funds management and settlement infrastructure provider Axiym. The specific amount has not been disclosed. The aim is to build a global distributed funds settlement infrastructure within a regulated payment ecosystem, thereby supporting embedded financial services, including post-payment settlement solutions such as Pay Now Settle Later (PNSL). It will also support native integration of US dollar cash flows, expanding the circulation of US dollar cash in a scalable, compliant manner that aligns with the practical operation of cross-border payments.