Tether invests $1.5m in Sorted Wallet to boost financial access | Headlines | News | CoinMarketCap

09/20/2024 00:06
Tether invests $1.5m in Sorted Wallet to boost financial access | Headlines | News | CoinMarketCap

Tether has invested $1.5 million in Sorted Wallet, a platform that helps people in emerging markets access crypto using simple mobile phones. …

Tether has invested $1.5 million in Sorted Wallet, a platform that helps people in emerging markets access crypto using simple mobile phones.

According to a Tether (USDT) post, this investment aims to increase financial inclusion in regions such as Africa and Southern Asia, where many lack access to traditional banking.

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What is Sorted Wallet? 

Sorted Wallet allows people without bank accounts or limited banking options to use crypto. It works on basic mobile devices, enabling users to store, send, and receive crypto. The platform doesn’t control users’ funds, making it a secure option for those in developing regions.

Cryptocurrency has become important in areas where traditional …

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