Tether launches private credit fund in effort to boost stablecoin use

Business & Economy

What to know

  • Move by world’s largest stablecoin issuer comes as market faces challenging conditionsS1
  • The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.S2
  • The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.S3
Timeline · newest first
1mo Financial Times

Tether launches private credit fund in effort to boost stablecoin use

Move by world’s largest stablecoin issuer comes as market faces challenging conditions

1mo CoinDesk

Tether pushes into private credit with $400 million fund with Fasanara

The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.

1mo Cointelegraph

Tether, Fasanara launch $400M private credit fund targeting $3B

The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.

Tether launches private credit fund in effort to boost stablecoin use

3 outlets 3 reports

What to know

  • Move by world’s largest stablecoin issuer comes as market faces challenging conditionsS1
  • The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.S2
  • The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.S3
Timeline · newest first

Sources · 3 citations

S1 Financial Times 1 report · EN
S2 CoinDesk 1 report · EN
S3 CointelegraphLead 1 report · EN