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

ChainCatcher news, according to Cointelegraph, fintech infrastructure company Smartpay, which supports stablecoin payments, has been acquired by the listed business platform Rezolve AI. The acquisition was announced on Tuesday, but financial terms were not disclosed.

Rezolve stated that this move will strengthen its digital asset payment program in collaboration with USDT issuer Tether. The acquisition supports Rezolve's plan to build a blockchain-based payment network that allows consumers to pay with digital assets while enabling merchants to maintain instant fiat currency transactions.