- Whop will use Tether’s Wallet Development Kit, enabling self-custodial wallets and direct on-chain settlements.
- Users can transact with Tether-issued USDT and USAT, targeting regions with costly or slow cross-border payments.
- Whop’s $200M funding values the platform at $1.6B, supporting global expansion and AI tools for agent-based income.
Tether announced a strategic investment in Whop today, committing $200 million to support stablecoin payments across Whop’s global marketplace. The deal was disclosed today and involves users worldwide. Tether said the move connects its wallet infrastructure with Whop’s creator economy to speed dollar settlements and reduce payment friction.
Wallet Integration Brings On-Chain Settlement to Users
Under the agreement, Whop will integrate Tether’s Wallet Development Kit, according to the company disclosure. The toolkit enables self-custodial wallets and allows users to control funds directly. As a result, creators can settle transactions on-chain without traditional payment intermediaries.
Users will also gain the option to transact using Tether-issued digital dollars, including USD₮ and USA₮. Notably, this option targets regions where cross-border payments remain costly or slow. The wallet framework further allows Whop to support lending and borrowing features through decentralized finance tools.
Paolo Ardoino, Tether’s chief executive, said stablecoins work best when embedded into everyday economic activity. He added that wallet infrastructure enables faster payments and reliable financial tools at scale.
Whop Growth Metrics Support Expansion Plans
Whop currently serves more than 18.4 million users across 144 countries. Participants earn about $3 billion annually through the platform. Meanwhile, gross transaction volume grows roughly 25% month over month, reflecting rising global usage.
According to Whop, the funding will support expansion across Latin America, Europe, and Asia-Pacific. The company also plans to introduce AI tools designed to support agent-based income models. Steven Schwartz, Whop’s chief executive and co-founder, confirmed the $200 million investment values Whop at $1.6 billion.
Founded in 2021 by Steven Schwartz and Cameron Zoub, Whop focuses on digital-native products. The platform positions itself as an alternative to services like Shopify or Patreon, with a focus on digital goods.
Tether Extends Reach Across Global Payment Networks
Tether reported that its broader ecosystem reaches more than 530 million users worldwide. The company also disclosed over $180 billion in issued digital dollars. By connecting with Whop, Tether said it aims to extend stablecoin-powered payments into everyday online commerce.
The collaboration links Whop’s marketplace with Tether’s global distribution network. As a result, creators and users can access faster settlement and improved liquidity across international markets.
