Tether's $200M Whop investment values firm at $1.6B, pushing USDT into commerce

Tether invested $200 million in Whop at a $1.6 billion valuation, aiming to move stablecoin use beyond exchanges and into digital marketplaces. Whop will integrate Tether's Wallet Development Kit to support USDT and USAT payments with self-custodial wallets and on-chain settlement. The deal targets creators and software vendors seeking dollar-denominated payments without reliance on card networks.