Summary:
- Tether, a major cryptocurrency company, has invested in a payment platform called Sqril that focuses on providing QR code-based payments in emerging markets.
- Sqril aims to make it easier for people in developing countries to access digital payments and financial services, which can be challenging due to limited infrastructure and access to traditional banking.
- The partnership between Tether and Sqril could help expand the use of cryptocurrency and digital payments in regions where they are not yet widely adopted, potentially improving financial inclusion and access to digital financial services.