Tether, the company behind the world’s largest stablecoin USDT, has strategically invested in Fizen Limited to support the broader adoption of stablecoins and self-custody solutions. The deal, announced on April 15, aims to boost stablecoin payments and financial inclusion through blockchain technology. The investment will help Fizen expand its blockchain infrastructure and improve stablecoin interoperability across various networks.
Leo Vu, Founder, and CEO of Fizen, believes that stablecoins like USD₮ will drive crypto payments and financial inclusion worldwide. He emphasized the importance of user-friendly applications with intuitive UI/UX to accelerate mass integration. Tether’s collaboration with Fizen will allow for the development of a user-friendly platform for storing and transacting with stablecoins, eliminating traditional barriers and increasing access, especially for unbanked populations.
The partnership will advance stablecoin payments for merchants by enabling QR code and card reader solutions that offer fiat settlements. This streamlined approach will make crypto acceptance easier for retailers worldwide, without the need for additional hardware or infrastructure. Tether CEO Paolo Ardoino stated that the partnership reflects the company’s focus on expanding real-world use cases for digital currencies, promoting financial independence through self-custody and easy-to-use payments.
This investment in Fizen is part of Tether’s broader strategy of using company profits to support key sectors in the crypto space. The stablecoin issuer has made significant investments in Bitcoin mining firm Bitdeer, media outlet Rumble, Italian football club Juventus, agricultural firm Adecoagro, and Italian production company Be Water. Despite diversifying its investments, Tether continues to focus on USDT, which remains the largest stablecoin globally with a market cap of $144 billion as of April 2025, according to data from CryptoSlate.
