Tether and Fasanara Launch $400 Million Private Credit Fund, Aim for $3 Billion
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· body · New information from a source
Tether and Fasanara have launched an evergreen private credit fund seeded with $400 million from the two sponsors, according to The Defiant.The fund is targeting up to $3 billion from outside institutional investors, The Defiant reported.Fasanara will manage the fund's investments, while Tether will originate USDT-linked deals and handle settlement, according to The Defiant.CoinDesk reported that the launch marks Tether's push into private credit.The Defiant noted that USDT's circulating supply stands at $183.4 billion.- Tether and asset manager Fasanara have launched an evergreen private credit fund seeded with $400 million, according to CoinDesk.
- The fund aims to grow to as much as $3 billion by drawing in outside institutional capital, according to The Defiant.
- Under the arrangement, Fasanara will manage the fund's investments while Tether originates USDT-linked deals and handles settlement, according to The Defiant.
- The launch comes as Tether's stablecoin continues to expand its footprint in global finance.
- USDT supply currently stands at $183.4 billion, according to The Defiant.
- The move extends Tether's push beyond stablecoin issuance into structured credit markets, pairing its USDT settlement rails with Fasanara's fund management expertise to reach borrowers on fintech platforms worldwide.
· summary · New information from a source
Tether and asset manager Fasanara have seeded an evergreen private credit fund with $400 million, aiming to grow it to $3 billion with outside institutional money.- Tether and asset manager Fasanara have seeded a $400 million evergreen private credit fund, with plans to scale it up to $3 billion using USDT-linked lending infrastructure.
· headline · New information from a source
Tether and Fasanara Launch $400 Million Private Credit Fund Targeting $3 Billion- Tether and Fasanara Launch $400 Million Private Credit Fund, Aim for $3 Billion
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Tether and asset manager Fasanara have launched an evergreen private credit fund seeded with Tether, Fasanara launch $400M private credit fund targeting $3B.
, according to CoinDesk. The fund aims to grow to as much as Tether, Fasanara launch $400M private credit fund targeting $3B.
by drawing in outside institutional capital, according to The Defiant.
Under the arrangement, Fasanara will manage the fund’s investments while Tether originates USDT-linked deals and handles settlement, according to The Defiant. The fund will use USDT infrastructure to support asset-backed lending through fintech platforms operating in more than 60 countries, according to Cointelegraph.
The launch comes as Tether’s stablecoin continues to expand its footprint in global finance. USDT supply currently stands at USDT supply stands at $183.4 billion.
, according to The Defiant.
The move extends Tether’s push beyond stablecoin issuance into structured credit markets, pairing its USDT settlement rails with Fasanara’s fund management expertise to reach borrowers on fintech platforms worldwide.
Sources: Cointelegraph, CoinDesk, The Defiant
This article is for information only and is not financial advice.
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Story so far 2 updates
- storyTether and Fasanara Launch $400 Million Private Credit Fund Targeting $3 Billionfirst reported · 3 sourcescointelegraph.com · coindesk.com · thedefiant.io
- storyTether and Fasanara Launch $400 Million Private Credit Fund, Aim for $3 Billionupdate · 3 sourcescointelegraph.com · coindesk.com · thedefiant.io
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