Tether has made a strategic investment in t-0 network, a settlement platform designed to support USDT-based cross-border payments between licensed financial institutions.
Tether Makes Strategic Investment in t-0 NetworkThe platform is designed to allow each side of a transaction to send and receive funds in local currency while reducing foreign exchange exposure and minimizing the need for prefunded accounts. Settlement occurs on a non-custodial basis, with onchain transfers taking place only between licensed partners.
“We built t-0 network to make borderless economic connection a reality,” James Brownlee, the CEO of t-0 network, explained on Friday.
FAQ What is t-0 network?t-0 network is a settlement platform that enables licensed financial institutions to process cross-border payments using stablecoins. What role does USDT play in the system?USD₮ is used as the settlement asset that facilitates net balance transfers between participating institutions. Who can use t-0 network?The platform is designed for licensed banks and fintech firms operating in regulated markets. Did Tether disclose the investment amount?No financial details of the investment were disclosed.
