Tether Investments announced a strategic investment in Whop, one of the fastest-growing online marketplaces. The partnership includes the integration of Tether’s Wallet Development Kit (WDK) to enable payments in USDT and USAT for platform users.
Tether Investments made a strategic investment in Whop, a commerce platform for content creators, developers, and entrepreneurs. The initiative aims to expand the use of stablecoins in the real economy and strengthen the marketplace’s payment infrastructure.
Whop is one of the largest online marketplaces for selling digital products, subscriptions, access to private communities, courses, and SaaS tools. The platform serves more than 18.4 million users across 144 countries, with annual payouts to participants reaching $3 billion.
As part of the agreement, Whop will integrate Tether’s Wallet Development Kit, a modular tool for building non-custodial wallets that supports payments in BTC via the Lightning Network, as well as stablecoins such as USDT, XAUT, and USAT. During the initial phase of integration, Whop users will be able to use USDT and USAT for transfers. The solution will enable on-chain settlements, cross-chain compatibility, and access to DeFi tools, including lending and borrowing mechanisms. The integration will allow users to maintain direct control over their funds while reducing costs associated with traditional payment systems.
According to Paolo Ardoino, CEO of Tether, the company remains focused on integrating dollar-pegged stablecoins into everyday economic activities, scaling infrastructure capable of serving billions of users across different continents. Steven Schwartz, CEO and co-founder of Whop, noted that the partnership strengthens the platform’s financial foundation, enabling funds to move as quickly and freely as digital content.
Tether’s investment in Whop totals $200 million. The company plans to use the funding to support international expansion, increasing its presence in Latin America, Europe, and the Asia-Pacific region. In addition, the investment will be directed toward developing new financial infrastructure and implementing AI tools to create an agent-based income model for the next generation of internet entrepreneurs.
Tether Investments continues to actively invest in projects at the intersection of technology and digital assets. The company invested in gold mining, commodities markets, Bitcoin lending, the construction of mining centers, as well as the development of digital financial infrastructure in Africa, the United States, the UAE, and other countries.
