55CRYPTO
⚡ Markets: Bullish for Tether (USDT) adoption and utility by demonstrating a new use case in the traditional finance space. Represents a further blurring of lines between crypto and traditional finance.USDT
Stablecoin issuer Tether has partnered with investment firm Fasanara Capital to launch a $400 million fund focused on private credit. The fund will use Tether's USDT stablecoin for asset-backed lending through fintech platforms, aiming to eventually reach $3 billion.
West MSM: noneFinancial press 21 country
2 sources across the spectrum