Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Tether Deposits and Withdrawals

Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased rollout, the payment rails will be fully available to all members by the end of the month. Building on its existing USDC rails that were launched in March, the bank is now enabling members to leverage the world’s most widely adopted stablecoin for payments as an alternative to time-consuming and costly SWIFT rails.

Gibraltar-Based Xapo Bank Launches Tether Stablecoin Payment Rails for Retail Customers

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Xapo Private Bank becomes world's first licensed bank to enable tether deposits and withdrawals - Xapo Bank

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Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals

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Xapo Bank expands stablecoin payment rails to accommodate Tether - CityAM