Tether Partners Fasanara Capital on $400M StableFund

Tether and Fasanara Capital have launched StableFund, a private credit initiative backed by $400 million in seed capital from both companies. The fund aims to secure up to $3 billion from institutional investors.

StableFund will utilize the USDT stablecoin as its settlement backbone for international financing operations, operating through fintech lending networks spanning over 60 countries.

The investment focus of StableFund centers on SME financing and consumer credit markets. Fasanara will assume management responsibilities for the fund, channeling resources through its established fintech lending partnerships.