Tether, the issuer of the world’s largest stablecoin, has taken a strategic stake in Axiym, a Zug-based fintech that routes cross-border payments across 140 countries. Axiym, founded in 2024 in Zug, is a fintech startup developing a cross-border payment infrastructure that allows businesses to settle international transactions in real time, without replacing their existing systems. The company is already active across 140 countries and 70 currencies. The company’s team is spread across several countries.
The deal marks Tether’s latest move to expand the real-world use of its USD₮ token beyond crypto markets and into regulated payment systems. “Tether’s investment in Axiym reflects our commitment to advancing broader access to global finance,” said Paolo Ardoino, CEO of Tether. “By supporting native USD₮’s use cases in an advanced payment ecosystem, we are removing barriers to liquidity and simplifying access to the distribution of USD₮, paving the way for more efficient and scalable payments worldwide.” Axiym’s core product, Pay Now, Settle Later (PNSL), addresses a persistent friction in cross-border payments: the gap between when a payment is initiated and when it settles, by stepping in as the settlement layer.
The solution embeds into existing payment infrastructure rather than replacing it and will now natively support USD₮ flows. Axiym says that this approach advances international financial transactions and improves capital efficiency. Integrating USD₮ directly into regulated payment infrastructure turns USD₮ access into operational capability within real payment flows. This collaboration reinforces our belief that digital assets must be embedded into systems to achieve real-world scale,” said Khibar Rassul, Founder and CEO of Axiym.
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