Tether invest for LemFi make dem add USDT so remittances go quick
Tether don invest for fintech company LemFi to handle cross-border remittances. For May 18, 2026, di companies talk say LemFi dey run payment corridors wey connect Europe, the Americas, Africa and Asia, and the partnership go put USDT as settlement layer for those corridors.
The plan na to replace SWIFT bank transfers wey dey take days with near-instant, cheaper settlement. Nobody don confirm deployment date. LemFi co-founder and CEO Ridwan Olalere talk say dem go build USDT into LemFi’s core payment infrastructure.
Tether CEO Paolo Ardoino describe the deal as “faster, cheaper and more transparent” cross-border payments. The investment amount no disclose.
Separately, Tether report $1.04B net profit for Q1 2026 and $8.23B excess reserves (BDO-attested). For traders, this na another sign say USDT dey expand beyond exchanges into real-world transfer rails, fit support stablecoin demand and positive sentiment for Tether’s payments push.
Bullish
Dis kain deal dey link USDT to remittance settlement rails across plenty continents, wey directly support di story say stablecoins dey enter real-world payment infrastructure. For short term, traders fit see positive sentiment from another concrete “USDT utility” headline wey no be only for crypto exchanges. For long term, wider corridor coverage (Europe/Americas/Africa/Asia) fit strengthen structural demand for USDT as settlement collateral, fit improve market confidence for Tether role.
Di impact never fully de-risk because no confirmed deployment timeline, and di investment amount never reveal—so near-term execution uncertainty still de. Still, put di partnership together with Tether reported strong Q1 profit and excess reserves dey reinforce di perception say dem get operational capacity to expand.
Overall, for USDT price action, market implication lean toward bullish bias through improved stablecoin adoption expectations and sentiment, rather than direct bearish supply shock.