22 May 2023 – In a move that will reshape the landscape of the cryptocurrency industry, Strike, the global money app for fast, safe payments, has announced the integration of Tether (USD₮) onto its platform. Strike is a leading digital payments platform built on Bitcoin's Lightning Network. The addition of Tether onto the platform opens up new avenues for seamless digital transactions and further solidifies Strike’s position as an industry leader.
The integration of Tether and Strike presents a step forward for the larger crypto market and comes on the heels of Strike’s recent expansion into 65 additional countries and USD₮-supported new app design, which was announced at Bitcoin 2023. By combining the stability and utility of Tether's digital currency with Strike's innovative payment solutions, users will experience a new era of secure and efficient transactions. This collaboration signifies a significant leap toward mainstream adoption of cryptocurrencies, as it addresses several key challenges faced by the industry.
One of the main obstacles hindering the widespread acceptance of cryptocurrencies is their volatility. By integrating Tether (USD₮), users can leverage the advantages of digital assets while minimizing exposure to price fluctuations. This development offers a reliable bridge between the crypto world and traditional financial systems, thereby encouraging a broader range of individuals to embrace cryptocurrencies as a reliable means of value exchange.
Financial freedom is at the core of Tether and Strike's shared vision. The integration empowers users to easily buy and sell bitcoin directly through the Strike app, unlocking the potential for effortless participation in the global digital economy. With Tether's stablecoin as an intermediary, users gain the ability to convert their digital assets into fiat currency swiftly, overcoming liquidity challenges that have previously hindered adoption. This user-friendly approach aligns with Tether and Strike's commitment to democratizing finance and promoting inclusivity on a global scale.
"We are thrilled to announce the integration of Tether (USD₮) with Strike,” said Paolo Ardoino, CTO of Tether. “This is a pivotal moment for the cryptocurrency industry as it signifies the growing acceptance and recognition of stablecoins as a reliable and efficient digital payment solution. We believe this collaboration will foster the widespread adoption of digital currencies, driving innovation and creating a more inclusive financial ecosystem for all."
Key features of the Tether-Strike integration include fast, safe, and efficient payments which allow users to send and receive funds globally within seconds. It offers bitcoin compatibility coupled with the added advantage of Tether's stability bridging the gap between traditional financial systems and cryptocurrencies while fostering the wider acceptance and integration of digital assets. By combining the strength of Tether's stability with Strike's user-friendly interface and innovative payment solutions, this alliance paves the way for greater adoption, empowering individuals with the tools they need to achieve financial freedom.
To learn more about Tether please visit https://tether.to/
Driving the Future of Money
Tether supports and empowers growing ventures and innovation throughout the blockchain as a digital token built on multiple blockchains.