Tether's investment aims to support LemFi's integration of USD₮ as a settlement layer across its key corridors, replacing multi-day SWIFT chains with near-instant, low-cost settlement across Africa and Asia. Tether will also help accelerate LemFi's stablecoin infrastructure, which will progressively extend across its broader product suite, delivering more stable, transparent, and accessible financial services to customers on both sides of each corridor.

Founded in 2021, LemFi says it has over 1 million customers and is backed by Y-Combinator, with $85 million raised.

Tether's investment aims to support LemFi's integration of USD₮ as a settlement layer across its key corridors, replacing multi-day SWIFT chains with near-instant, low-cost…