Tether invests $200M in Whop at $1.6B valuation

Tether, described in the post as the largest stablecoin company in the world, is making a $200M strategic investment in Whop, valuing the company at $1.6B. Whop's announcement says the partnership will combine Tether's global scale and wallet technology with Whop's community of next-generation entrepreneurs. The post says the two companies will work to bring sustainable income to billions of people and scale infrastructure for new business models. Whop was launched by co-founders who met as teenagers selling software on the internet, initially to customers in Facebook and Discord forums.