Tether Seeds $3B Private Credit Fund to Push USDT into Traditional Lending

Tether injected $400M in co-investment capital to launch StableFund alongside London-based Fasanara Capital. The private credit vehicle is targeting up to $3B from institutional investors to finance small and medium-sized enterprises.

StableFund will deploy capital through 141 fintech lending originators spread across more than 60 countries. Loan disbursements and repayments will execute directly on USDT rails instead of waiting for traditional SWIFT transfers to clear. The strategy focuses on short-duration, asset-backed credit to mitigate risk while targeting a $5.7T global SME financing gap.