Tether has invested in Zengo-wallet, a self-coasting cryptocurrency wallet, aimed at multi-party computation (MPC) technology, because the USDT Stablecoin is confronted for regulatory challenges in the European Union. With this investment, Zengo Wallet can support the Stablecoins from Tether with large block chains, including Bitcoin, Ethereum and Toncoin. The Zengo Wallet offers functions such as built-in payment tools, cross-chain Swaps and 24/7 customer support. The investment of Tether will support Zengo Pro, a premium function that offers theft protection and legacy transfer services. Zengo CEO Ouriel Ohayon said the investment will be the key to future development.
Credit : coinpedia.org
