Tether Unleashes USDT's Lending Potential with $3B Target

Tether is expanding its USDT stablecoin beyond its traditional use as a store of value and medium of exchange. The company is launching StableFund, a private credit initiative that will allow USDT to be used for lending. This move targets up to $3 billion in USDT-backed loans.

Fasanara will partner with Tether on this venture, specifically backing small and medium-sized enterprises (SMEs) and consumer credit. This partnership provides additional routes for crypto users to earn real-world yields.