Tether announced the launch of a $400 million private credit fund in partnership with British asset manager Fasanara Capital. This fund, called StableFund, aims to raise up to $3 billion from institutional investors to direct capital toward small and medium-sized enterprises. The global private credit market currently stands at approximately $3 trillion and is expected to reach $5 trillion by 2029. Tether will act as originator and advisor, integrating USDT into lending flows for SMEs and consumers on fintech platforms operating in over 60 countries.
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