Tether Pumps $200M Into Whop to Revolutionize Global Payments with Stablecoins!

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Tether invests $200 million in digital marketplace Whop to expand stablecoin paymentsFinance

What to know:

  • Tether is investing $200 million in online marketplace Whop to expand stablecoin-based payments.
  • Whop will integrate Tether’s crypto wallet tools so users and creators can hold, transact and settle in stablecoins like USDT without banks or card networks.
  • The funding will support Whop’s global expansion across Latin America, Europe and Asia-Pacific, further embedding Tether’s stablecoins in everyday online commerce.

In this article

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Tether, the company that created USDT – the most popular stablecoin – is putting $200 million into Whop, an online marketplace, to make it easier for people to use stablecoins for payments.

The deal values the startup at $1.6 billion, Whop CEO Steven Schwartz said in an X post.

As an analyst, I’ve been following Whop, and it’s a really interesting platform. Essentially, it’s a digital marketplace where creators can sell things like software, access to trading communities, online courses, and other digital products. They’re reporting impressive numbers – around 18.4 million users and roughly $3 billion in earnings for creators annually. What’s particularly striking is their growth rate; they’ve seen about a 25% increase in transaction volume each month.

Whop and Tether are partnering to let users easily manage and use stablecoins like USDT and USAT directly within the Whop platform. This means creators can choose to receive payments in digital dollars and get paid globally without needing traditional banks or credit card processors, according to a recent announcement.

This new funding will help Whop grow its services into Latin America, Europe, and Asia-Pacific. It will also allow them to introduce new lending and borrowing features using decentralized finance technology.

This new investment allows Tether to expand the use of its stablecoins in everyday online shopping and directly to consumers. Tether’s main stablecoin, USDT – currently valued at $185 billion – is widely used in developing nations as a way to easily access and use U.S. dollars.

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2026-02-25 20:28