Tether and Fasanara launch $400M StableFund for USDT-enabled private credit, targeting SME and consumer lending across 60+ countries with plans to raise $3B more

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USDT handles settlement, while Fasanara underwrites short-duration, asset-backed loans through a network that says it has funded over $85B across 141 fintech lenders. The chain compresses cross-border treasury ops, not credit risk, so the proof point is institutions committing the targeted $3B on top of the sponsors’ $400M anchor.

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Tether and Fasanara launch $400M StableFund for USDT-enabled private credit, targeting SME and consumer lending across 60+ countries with plans to raise $3B more

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Open USD takes on Tether and Circle with a new stablecoin model that distributes most equity to partners helping grow the network

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More on $USDT

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