💰 Tether enters $3 trillion private credit market with $400M StableFund
Stablecoin giant Tether is expanding beyond crypto lending by launching StableFund in partnership with London-based Fasanara Capital. The venture starts with $400 million in anchor capital and aims to raise an additional $3 billion from institutional investors to provide loans in the private credit sector.
Fasanara will manage the portfolio while Tether acts as a co-sponsor and adviser, providing USDT-linked settlement and treasury infrastructure. The fund will target short-duration, asset-backed loans for small businesses and consumers across 60 countries, including trade receivables and supply-chain credit.
#Tether #USDT #PrivateCredit #Stablecoin
Stablecoin giant Tether is expanding beyond crypto lending by launching StableFund in partnership with London-based Fasanara Capital. The venture starts with $400 million in anchor capital and aims to raise an additional $3 billion from institutional investors to provide loans in the private credit sector.
Fasanara will manage the portfolio while Tether acts as a co-sponsor and adviser, providing USDT-linked settlement and treasury infrastructure. The fund will target short-duration, asset-backed loans for small businesses and consumers across 60 countries, including trade receivables and supply-chain credit.
#Tether #USDT #PrivateCredit #Stablecoin