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Bitcoin.com News|Feb 13, 2025 11:35
🤝 Tether has announced a strategic investment in Zengo Wallet, a keyless self-custodial crypto wallet.
Since its launch in 2019, Zengo has served over 1.5 million users without a single wallet being compromised, thanks to its innovative approach that eliminates traditional seed phrase vulnerabilities.
The partnership will enhance Zengo's blockchain-agnostic capabilities, enabling seamless support for Tether’s stablecoins across major blockchain ecosystems.
Tether CEO Paolo Ardoino emphasized the company's dedication to empowering users with reliable digital asset management tools.
Zengo co-founder Ouriel Ohayon expressed pride in the collaboration to simplify and secure self-custody.
The investment will also bolster Zengo Pro, a premium offering designed to enhance user experience with features like theft protection and real-time assistance.
By integrating advanced technology and fostering broader adoption of USD₮, Tether aims to strengthen its position as the world’s most widely used stablecoin.
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