Select Opaque / Add / Alpha /
Clip Alpha
Note:
Opaque:
White
letter and black background are rendered.
Add:
Anything
with black isn't rendered.
Alpha
(with Text button enabled):
The
black background becomes the alpha channel
Clip
Alpha (with Text button enabled):
Same as Alpha but tighter.
Gets rid of blurred edges.
Button Windows menu >> Editing (F9)
Texture Face
tab
Opaque / Add /
Alpha / Clip Alpha buttons
Select one
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