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| Tether & Fizen |
Strategic partnership aims to expand financial inclusion and boost self-custody payment adoption worldwide
Tether Backs Fizen to Strengthen Real-World Use of Stablecoins
Tether, issuer of the world’s largest stablecoin USDT, has made a strategic investment in Fizen, a fintech firm specializing in self-custody wallets and integrated digital payment systems. The partnership reflects Tether’s ongoing effort to expand real-world utility for stablecoins and support financial inclusion through decentralized technology.
Fizen offers infrastructure that allows individuals and businesses to pay and receive payments using stablecoins. Its key features include QR code compatibility, card readers, and integration with existing point-of-sale systems. This enables fast and secure transactions without third-party authorization. Merchants benefit from real-time settlement in fiat currency, enhancing usability across retail environments.
Boosting Financial Access Through Blockchain Simplicity
Tether’s CEO Paolo Ardoino emphasized the importance of user-friendly technology in achieving financial self-sovereignty. He noted that self-custody infrastructure is vital for bringing blockchain into everyday life — particularly for individuals with limited access to traditional banking systems. Fizen allows users to interact with blockchain-backed assets without needing to understand technical complexities.
Fizen CEO Leo Vu added that while technical infrastructure for digital assets already exists, intuitive user experiences have been lacking. Fizen’s streamlined interface addresses this gap, helping stablecoins serve as a practical tool for global payments.
This partnership comes at a time when financial exclusion remains a critical global issue. According to the World Bank’s Global Findex report, billions of people remain unbanked. Tether and Fizen aim to address this by enabling direct, peer-to-peer digital payments without banking intermediaries.
QR Payments Set to Surpass $3 Trillion — Fizen Targets Global Adoption
The Fizen-Tether collaboration aligns with broader trends in mobile and QR-based payments. Market data forecasts that QR code payments will exceed $3 trillion in 2024, with over 2.2 billion global users by 2025. This signals strong demand for decentralized, stablecoin-powered payment systems that can integrate seamlessly with existing merchant infrastructure.
As adoption grows, Fizen’s blockchain-native platform may become a critical onramp for stablecoin usage, transforming how people around the world pay, send, and receive money — with or without a bank.