Tether announces strategic investment in self-hosted crypto wallet Zengo Wallet

PANews reported on February 11 that according to official news, Tether announced that it has completed a strategic investment in the self-hosted crypto wallet Zengo Wallet. Tether said the investment highlights Tether's commitment to promoting the development of secure self-custodial solutions and promoting the global popularity of stablecoins. The investment will allow Zengo to further enhance its cross-blockchain capabilities, thereby seamlessly supporting Tether's stablecoin in the major blockchain ecosystem. The investment will also support the development of Zengo Pro, an advanced service designed to enhance the user experience with features such as anti-theft protection, heritage transfer capabilities and real-time assistance.