Key Highlights
- Tether has joined forces with Fasanara Capital to introduce StableFund, a private credit initiative backed by an initial $400 million investment from both entities
- The initiative seeks to secure up to $3 billion in commitments from institutional capital sources
- USDT stablecoin will serve as the primary settlement mechanism for international lending transactions
- Fasanara plans to distribute funds via fintech lending platforms operating across more than 60 nations
- The fund’s primary focus includes financing for small-to-medium enterprises and consumer credit markets
Tether, the organization responsible for issuing the USDT stablecoin, has formed a strategic alliance with London-headquartered investment firm Fasanara Capital to introduce a private credit vehicle named StableFund.
LATEST: 💰 Tether and Fasanara Capital have launched StableFund, a private credit fund anchored by $400M that will use USDT to settle business and consumer loans through fintechs in 60+ countries. pic.twitter.com/hgUQB4rz8q
— CoinMarketCap (@CoinMarketCap) September 10, 2026
Both organizations are providing an initial commitment of $400 million combined and have set an ambitious goal of securing as much as $3 billion from external institutional capital providers.
Fund Operations and Structure
Fasanara Capital will assume management responsibilities for the fund and channel resources through its established network of financial technology lending partners. The primary investment focus centers on short-duration, collateralized lending products designed for small and medium-sized enterprises along with individual consumers.
The fund’s operational footprint extends to more than 60 nations worldwide. Target lending sectors encompass trade accounts receivable financing and supply chain capital solutions.
Tether’s contribution involves identifying financing opportunities connected to USDT and supplying the necessary stablecoin framework to facilitate international capital transfers. This encompasses currency conversion services between conventional fiat currencies and digital dollar equivalents.
USDT will function as the fundamental settlement infrastructure, enabling the fund to transition seamlessly between blockchain-based and traditional financial systems when required.
Tether’s Growing Investment Portfolio
Tether recorded approximately $1.5 billion in net operational earnings during the second quarter of the current year, predominantly derived from United States Treasury securities and repurchase agreement holdings. The firm disclosed $187.8 billion in total assets alongside a reserve cushion of $4.11 billion as of the conclusion of June.
USDT maintains its position as the dominant stablecoin globally with a market capitalization reaching $145 billion, representing over half of the entire $300 billion stablecoin sector. The token experiences widespread adoption throughout emerging market economies.
Tether has been strategically allocating its earnings across various investment opportunities that extend beyond its primary stablecoin operations.
Recent investment activities include a $20 million capital injection into Argentine digital banking platform Ualá, ownership positions in Mercado Bitcoin and Italian soccer franchise Juventus, plus spearheading a $50 million financing round for artificial intelligence sleep technology enterprise Eight Sleep in March.
Fasanara presently oversees more than $6 billion in assets under management and concentrates on private credit opportunities facilitated through fintech platforms.
Tether CEO Paolo Ardoino indicated the fund capitalizes on the company’s core competencies. “Through this fund, Tether is playing the role it is best positioned to play, sourcing USDT-linked financing opportunities and providing the stablecoin infrastructure that enables seamless cross-border lending,” he said.
StableFund operates as an evergreen investment structure, which means it lacks a predetermined termination date and maintains the ability to accept fresh capital contributions on an ongoing basis.
The announcement was made on Wednesday, September 9, 2026.
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