TL;DR:
Tether announced a strategic investment in Whop.com, a platform described as the world’s largest internet marketplace, where creators and users can build, connect and transact within a single system. The deal aims to integrate stablecoin infrastructure into the real digital economy, with a focus on markets where traditional payment systems generate friction and unnecessary costs.
As part of the agreement, Whop will adopt Tether’s Wallet Development Kit (WDK) to offer faster and more efficient global payments. It will also allow its users to maintain direct control over their funds. This integration will provide on-chain settlement and transforms the platform into a self-custody digital wallet with support for lending through DeFi primitives.
“Stablecoins and wallets become more powerful when integrated directly into people’s lives,” said Paolo Ardoino, CEO of Tether. The executive noted that this investment reflects the company’s focus on supporting real economic activity with digital dollar infrastructure scalable to billions of users across every continent.
Whop currently counts more than 18.4 million users, who generate approximately $3 billion per year. Gross transaction volume is growing at roughly 25% per month, reflecting strong and sustained demand for efficient payment infrastructure at international scale.
Steven Schwartz, CEO and co-founder of Whop, stated that the goal is to build a marketplace where anyone in the world can create, connect and receive payments instantly. The funding round will support international expansion into Latin America, Europe and Asia-Pacific, along with the development of artificial intelligence tools designed to generate autonomous income opportunities for digital entrepreneurs.
