Tether is deepening its push into real-world commerce with a strategic investment in Whop, one of the fastest-growing digital marketplaces globally.
Tether’s WDK will allow Whop users to retain control of their funds through self-custodial wallets while unlocking features such as lending and borrowing via defi tools. The integration effectively turns Whop into a native digital wallet ecosystem, rather than just a marketplace.
“With Tether’s investment, we’re accelerating our vision to build the world’s largest internet market – where anyone in the world can create, connect, and get paid instantly,” said Steven Schwartz, CEO & Co-Founder of Whop.
FAQ What is Tether’s investment in Whop about?Tether has made a strategic investment in Whop to integrate its Wallet Development Kit and enable stablecoin payments for millions of global users. How many users does Whop have? Whop supports over 18.4 million users, with creators earning approximately $3 billion annually. Which stablecoins will be supported? Users will have the option to transact using USD₮ and USA₮ for faster on-chain settlement. Why does this matter for global payments?The integration enables lower-cost, faster cross-border transactions, particularly valuable in regions like LATAM, Europe, and APAC, where traditional payment systems can be slow or expensive.
