Tether invests in Zengo Wallet to advance self-custody

Tether announced a strategic investment in the Zengo self-choke cryptography portfolio to improve the safety and accessibility of blockchain tools.

In a press release shared with Crypto.News, Tether (USDTThe investment of) aims to help Zengo Wallet stable through various major ecosystems.

Thanks to this partnership, users will have more options to hold and transfer their secure their Attached Tokens using the advanced Zengo features, including integrated payment tools, crossing and customer support 24 hours a day.

TETHER CEO, Paolo Ardoino, said the investment aligned with the STABLAGE company’s commitment to empower users by providing reliable, secure and accessible tools.

“By supporting Zengo’s innovative approach to self -sufficiency, we aim to help more people around the world access blockchain technology with confidence, ease and security,” said Ardoino.

In addition, the investment will contribute to the development of the Zengo premium program, Zengo Pro, which offers an improved user experience with the protection against theft, inherited transfers and real -time assistance.

The co-founder and CEO of Zengo, Oriel Ohayon, expressed its optimism as to the partnership, stressing the crucial role of stablecoins in the formation of a more inclusive financial future.

According to data From Ark Invest, the value of the stablecoin transaction in 2024 exceeded those of the payment card giants as a visa and mastercard of 119% and 200% respectively. At the time, Tether was the biggest stable transmitters market capitalization.

“We are proud to associate with Tether to make the self-leather simple, secure and accessible,” said Ohayon.

Launched in 2019, Zengo Wallet is a cryptographic portfolio of Auto-Cascard designed to eliminate traditional vulnerabilities from seed sentences. With more than 1.5 million users worldwide, Zengo offers advanced security features via Zengo Pro, including the first auto-constant inheritance style system, the protection of theft and a firewall Advanced web3.