Tether and Fasanara Capital Launch $400 Million Credit Fund

Tether and Fasanara Capital have introduced StableFund, a credit fund with an initial $400 million investment. The partners aim to raise up to $3 billion from institutional investors to provide business and consumer loans via fintech platforms across more than 60 countries. Fasanara will manage the capital, while Tether will provide the settlement infrastructure using USDT.