Freemarket and Axiym today launched a world-first service that gives businesses real-time access to freshly minted, primary-market USD₮ issued by Tether.
LIQUI-DTTM gives businesses compliant access to primary market stablecoins inside a fully regulated payment ecosystem via Freemarket’s global payment network.
In audited trials, clients have minted or burned more than $300 million to date.
Institutional users and high-volume traders will benefit from superior price certainty and direct liquidity giving them budgetary control. As the USD₮ is minted directly in the primary market, treasury and compliance teams have clear provenance for internal reporting [1].
The LIQUI-DT service works because while no single party owns the whole stack, it is integrated into the Freemarket network. The combination of Freemarket’s compliant fiat rails and payment network, Axiym’s liquidity engine and on-chain settlement layer and Tether’s primary market issuance creates a regulated payments network with live mint access. Tether's role is limited to issuance; it does not operate the network or provide payment or settlement services.
The unique infrastructure of the network creates strong checks and balances, reduces concentration risk and supports regulatory confidence, making this structure difficult to replicate.
This service positions Freemarket as the only non-issuer with both deep fiat infrastructure and live access to USD₮ mint capabilities through regulated partners.
“Compliant access to primary market stablecoins inside a fully regulated payment ecosystem is a massive unlock for us.” said Paolo Ardoino, CEO of Tether. “The combination of Freemarket’s compliance-first payments network, integrated with Axiym’s dynamic application layer, connected directly into Tether, allows Tether to sit closer to where payments happen. Companies moving money into, out of and between emerging markets now have 24/7 global access to freshly minted USD₮, the dominant stablecoin for these geographies.”
“We share a common aspiration with Tether. USD₮ helps people in emerging markets access a stable financial system, remittances, cross-border trade and preservation of wealth against inflating national currencies. We want the same for businesses.” said Andy Lyons, Chief Growth Officer at Freemarket. “We are the only non-issuer with both deep fiat infrastructure and live USD₮ stablecoin mint capabilities. We can now connect the stack end-to-end, and move money into USD₮ instantly, globally, securely and compliantly through our LIQUI-DTTM service.”
“Axiym has built a globally distributed treasury layer which allows Freemarket and Tether to embed their financial services directly inside our regulated payment ecosystems”, said Farhad Rassul, Co-Founder & CBO , Axiym. “Our compliance-first approach, with a core-banking layer that creates wallets, accounts, and transactions while embedding AML and monitoring tools, means that customers can be confident of the end-to-end integrity of the process.”
The service has been set up to take advantage of three trends: (1) The surge in stablecoin usage (total market capitalization rising from $251.7 billion (mid-2025) to $307.6 billion in January 2026[2]), (2) Emerging-market adoption continuing to accelerate (estimates suggest approximately two thirds are held in emerging markets[3]) and (3) growing remittance and B2B payment volumes in emerging markets in Asia, Africa, LATAM (which are) expected to reach $120.8 billion by 2030[4].
At the same time, almost every global corporate company has significant Treasury issues from settlement friction in these same emerging markets with some estimates suggesting that it is common for multinationals to have a quarter or more of their liquidity held in emerging markets[5]. The LIQUI-DTTM service, alongside Freemarket’s treasury management network, transforms historic processes into fast, digitally enabled transactions that are tax and regulatory compliant.
For more information visit www.wearefreemarket.com/liqui-dt
Note: Tether's role in LIQUI-DT™ is limited to the primary-market issuance of USD₮. Tether does not operate the LIQUI-DT service or provide payment, settlement or compliance functions.
ENDS
About Freemarket
Freemarket is the global network for fast, secure, borderless money movement. Its interoperable hybrid-rails infrastructure underpins a network with embedded stablecoin, liquidity, payments, treasury management and FX capabilities, all governed by a best-in-class compliance function. It is the only non-issuer with both deep fiat infrastructure and live stablecoin mint/burn capabilities through regulated partners.
See more at: www.wearefreemarket.com
FreemarketFX Limited is authorised by the Financial Conduct Authority (FCA) – Firm No.585093.
FreemarketFX Ireland Limited is authorised and regulated by the Central Bank of Ireland (Firm No. C456818).
About Axiym
Axiym’s distributed treasury and settlement layer quietly powers real payment and settlement activity every day across more than 140 countries and 70 currencies. Embedded within existing payment infrastructure, Axiym connects payment execution, USD₮ flows and post-pay settlement across regulated payment processors and global aggregators, ensuring money is always in the right place at the right time. This enables cross-border payments to move instantly, predictably and on the client’s terms. Purpose-built for scale, the network continues to expand corridor by corridor and partner by partner
[1] Access is restricted to verified customers and is subject to KYC/AML and other eligibility requirements.
Access is gated and documented, so organisations will find it easier to evidence controls for internal reporting.
[2] Stablecoin Statistics 2026: Growth, Adoption, and Regulation • CoinLaw
[3] Standard Chartered https://www.sc.com/en/uploads/sites/66/content/docs/SC-CIB-Stablecoins-and-EM.pdf
[4] DiMarket www.datainsightsmarket.com/reports/b2b-remittances-1389416