Tether Invests $200 Million in Whop at $1.6 Billion Valuation

The deal marks one of Tether’s larger equity investments to date and signals its ambition to expand beyond stablecoin issuance into broader internet infrastructure and commerce enablement.

The partnership aims to combine Tether’s global payments infrastructure with Whop’s online marketplace ecosystem.
Both companies are targeting expansion of digital income opportunities worldwide.

Whop, founded by entrepreneurs who began selling software online as teenagers, positions itself as a centralized marketplace for digital products and services. The company was initially built to solve a fragmented online experience in which customer acquisition, payments and communication occurred across separate platforms such as Facebook groups and Discord forums.

By integrating marketplace functionality with payments infrastructure, Whop aims to provide a unified environment for online entrepreneurs to sell, manage and scale digital businesses.

Expanding the Internet Economy

Under the partnership, Tether will provide capital and leverage its global wallet and payments technology to help scale Whop’s infrastructure. The companies said they plan to support emerging business models and expand access to digital income streams across international markets.

Tether framed the investment as aligned with its broader mission of enabling participation in the “new internet economy,” emphasizing the need for both open online marketplaces and transparent digital payment networks.

The collaboration reflects a growing convergence between stablecoin providers and internet-native platforms seeking to streamline cross-border commerce. With stablecoins increasingly used for settlement and remittances, integrating them directly into online marketplaces could reduce friction in global transactions.

For Whop, the capital infusion and strategic alignment with Tether provide resources to accelerate expansion at a time when digital entrepreneurship and creator-driven commerce continue to grow.

The partnership underscores a broader trend: stablecoin issuers are moving beyond simple token issuance and into equity investments aimed at embedding digital dollars more deeply into the architecture of online business.

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