stablefund

According to the official announcement, Tether has announced the joint launch of a $400 million private credit fund, StableFund, in collaboration with Fasanara Capital, aiming to attract third-party institutional capital to $3 billion.The fund will provide short-term, asset-backed credit financing to small and medium-sized enterprises in over 60 countries worldwide. Tether will provide USDT settlement infrastructure and financing opportunities, while Fasanara will act as the investment manager.Tether CEO Paolo Ardoino stated, "USDT is designed to be a frictionless global currency available around the clock," and through this fund, Tether's financing network will be transformed into a direct capital channel flowing to the businesses and communities that need it most.