Tether Invests in Parfin to Expand USDT Use in Latin America

Tether, the largest stablecoin firm, is expanding in Latin America by investing in Parfin, a digital assets custody platform. This move aims to boost the adoption of its USDT stablecoin for institutional applications.

Tether's Strategic Moves

Tether partners with Parfin to enhance USDT use in institutional settings within Latin America.
The investment supports financial institutions using USDT for high-value applications like RWA tokenization, cross-border payments, and credit markets.
Parfin provides regulated infrastructure for digital asset operations, promoting blockchain adoption while ensuring compliance.
Tether's CEO emphasizes bridging traditional finance with blockchain to enhance financial freedom.

Global Partnerships

Tether invests €1 billion in Germany-based Nuera, highlighting its expansion into AI and robotics.
Recently, Tether also invested in Ledn, a Bitcoin-backed lending platform, to expand its services within the digital asset sector.