Tether and Fasanara Launch $3B StableFund to Bridge Global SME Financing Gap
Tether and Fasanara Capital have launched StableFund, a private credit fund aimed at bridging the $5.7 trillion global SME financing gap.
The fund, seeded with $400 million, targets $3 billion from institutional investors to provide short-duration, asset-backed loans to small and medium-sized enterprises (SMEs) and consumers worldwide.
Leveraging Tether's USDT stablecoin infrastructure, StableFund aims to speed up lending across borders by utilizing crypto-native settlement rails for loan disbursements and repayments.