Overview
- StableFund, announced Sept. 9, 2026, is anchored by $400 million of co‑investment from Tether and Fasanara and is seeking up to $3 billion from institutional investors.
- Tether will provide USDT as the settlement rail so loan disbursements and repayments can move on stablecoin infrastructure rather than waiting for traditional cross‑border transfers.
- Fasanara will manage the vehicle and deploy capital through its network of about 141 fintech lending originators operating in more than 60 countries.
- The evergreen fund will target short‑duration, asset‑backed loans to small and medium enterprises and consumers, focusing on categories such as trade receivables and supply‑chain finance.
- Key uncertainties for investors include regulatory acceptance of stablecoin settlement, counterparty exposure to Tether, and whether the fund can attract the full $3 billion needed to scale against a $5.7 trillion SME financing gap.