Tether Launches $400M Private Credit Fund in Partnership with Fasanara

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Tether, the issuer of the USDT stablecoin, is expanding into private credit through a $400 million fund established with Fasanara. The partnership marks a significant diversification move for Tether beyond its core stablecoin business. Under the arrangement, Tether will help identify and source lending opportunities within Fasanara's private credit network. The company will also provide stablecoin payment infrastructure to support the fund's operations.

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