Rezolve AI strengthens its digital asset payment program in collaboration with Tether through the acquisition of Smartpay.

PANews, October 8 - According to Cointelegraph, Smartpay, a fintech infrastructure company supporting stablecoin payments, has been acquired by the publicly listed business platform Rezolve AI. The acquisition was announced on Tuesday, but no financial terms were disclosed. Rezolve stated that this move will enhance its digital asset payment program in collaboration with the stablecoin USDT issuer Tether. This acquisition supports Rezolve's plan to build a blockchain-based Payment Network that allows consumers to make payments using digital assets while enabling merchants to maintain instant fiat currency transactions.