Tether announced an undisclosed investment in cross-border remittance fintech LemFi to expand USDT-based settlement across LemFi’s corridors in Africa and Asia. LemFi, founded in 2021, has raised $85 million and serves more than 1 million users. According to Tether, the deal includes integrating Tether’s settlement network into LemFi’s remittance flows, with the partnership positioned as a way to support faster and lower-cost cross-border transfers.