Tether Takes Stake In Whop, Integrates WDK For Stablecoin Payouts
Tether Investments has acquired a strategic stake in Whop, a digital marketplace facilitating ~$3B in annual payouts to 18.4M users across 144 countries.
⏩ As part of the deal, Whop will integrate Tether’s Wallet Development Kit (WDK) to support stablecoin settlements, enabling creator payouts in Tether (USDT) and USAT. The funding will back Whop’s expansion into LATAM, Europe, and APAC, alongside AI tools focused on agent-driven income models.
ℹ️ The integration aims to streamline cross-border payments by reducing settlement friction and costs, particularly in underbanked regions. Tether added that WDK could also unlock DeFi features on Whop, including lending and borrowing.
The move comes as Tether retains a dominant stablecoin market position, with USDT representing about 62% of total dollar-denominated supply, while continuing to expand across payments and tokenized asset infrastructure.
👉 theblock.co/post/391181/tether-takes-stake-in-whop (http://theblock.co/post/391181/tether-takes-stake-in-whop-as-platform-adopts-wdk-for-stablecoin-creator-payouts)