Tether Invests in Zengo Wallet to Boost Secure Stablecoin Self-Custody

Tether announced today a strategic investment in Zengo Wallet, a self-custodial crypto wallet known for its security and usability. This investment, according to tether.io, aims to promote secure self-custody solutions and advance the global adoption of stablecoins. Since its inception in 2019, Zengo Wallet has protected digital assets for over 1.5 million users worldwide without any reported security breaches. The investment will enable Zengo to enhance its blockchain-agnostic capabilities, facilitating seamless support for Tether's stablecoins across major blockchain ecosystems.