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Tether Commits $18.75M to XREX Group for Financial Inclusion and Innovation in Emerging Markets

On June 5, 2024, Tether, a prominent entity in the digital asset industry, disclosed a strategic investment of $18.75 million in XREX Group, a fully ....

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XREX Launches Crypto-Fiat 'Exchange' Platform to Stabilize Cross-border Trade Amidst Dollar Crunch

Backed by the Taiwanese Government’s National Development Fund and the co-founders of Skype, XREX solves dollar liquidity shortages in fast-growing emerging economies, making it easy for any enterprise to operate a secure crypto-fiat exchange featuring full security, KYC, AML, fiat on-off ramps, and liquidity.
TAIPEI / SINGAPORE December 9, 2020 XREX , a blockchain TradeTech company serving cross-border businesses that operate in emerging economies, today announced the launch of MyXchange, a first-of-a-kind digital currency Exchange-as-a-Service (EaaS) platform.
MyXchange makes it easy for any Money Transfer Organization (MTO) to run a secure crypto-fiat exchange that features full Know Your Customer (KYC), Anti-Money Laundering (AML), liquidity, wallet security, and fiat (US Dollar, Indian Rupee) on-off ramps. In the same way that Shopify makes it easy to launch an online store, MyXchange simplifies creating a secure exchange, passing along low fees with seamless cr ....

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