Tether, the stablecoin issuer behind USDT, has reportedly brought in Bahamas-based Britannia Bank as its latest banking partner, joining the likes of Deltec Bank and Capital Union Bank.
has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform.
It is understood Tether has instructed clients to send money to Britannia’s bank account over the last few months,However, it isn’t clear when Tether’s banking relationship with Britannia Bank started, but its other reported banking partners include
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Tether taps private bank to process dollar transfers: BloombergStablecoin issuer is using privately-held Britannia Bank & Trust to process dollar transfers, Bloomberg News reported.
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