fasanara-capital

Tether, Fasanara launch $400M private credit fund targeting $3B

Tether and Fasanara Capital have launched StableFund, an evergreen private credit vehicle seeded with $400 million and designed to raise up to $3 billion from institutional investors. The fund will use Tether’s USDT settlement infrastructure to finance short-duration, asset-backed lending to businesses and consumers via fintech platforms across more than 60 countries.