CoinVoice has learned that the stablecoin giant Tether has disclosed an investment in real-time cross-border QR code payment platform SQRIL, with the specific investment amount not yet disclosed. SQRIL currently primarily targets markets in Asia, Africa, and Latin America, and can integrate with APIs of traditional banks (such as Barclays or Bank of America), Venmo, Revolut, or Cash App and other digital banks. The new funding will support its exploration of better stablecoins and QR code cross-border scan-to-pay methods.

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