Tether invests in EFY Finance to expand institutional stablecoin use across Latin America

Tether said the investment was made as part of EFY Finance's seed round, aimed at strengthening infrastructure linking stablecoins to the traditional financial system in Latin America. EFY Finance provides stablecoin cross-border payments, accounts and custody, with on- and off-ramps for USD₮ and USA₮, OTC services, wallets and cards across more than 12 currencies, settling to local accounts in 17 countries. It is licensed as a Digital Asset Service Provider in El Salvador and serves over 25,000 active accounts. Tether cited Chainalysis data showing nearly $1.5 trillion in regional crypto transaction volume from July 2022 to June 2025.

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