Tether and CMCC's Titan Fund invest in payments firm Saber Money
- —Investment amount, stake and stage were not disclosed
- —Saber Money says payment volume grew more than 6x over nine months
- —It processes payments across 40+ countries, over 90% settled in under a minute
- —Holds licenses or registrations in Canada, the EU, India and Australia
Why it matters: Major stablecoin players are expanding cross-border B2B settlement infrastructure, intensifying competition with traditional payment networks.
Source: TokenPost