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Crypto· Stablecoins

Tether And Fasanara Seed A $400 Million Private Credit Fund

Tether and Fasanara Capital launched an evergreen private credit vehicle called StableFund (formally the Tether-Fasanara Lending Fund) seeded with $400 million from the two sponsors and aiming to raise up to $3 billion from outside investors. Fasanara will manage and deploy the investments across its fintech lending network while Tether will originate USDT-linked opportunities and provide stablecoin settlement services.

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