Overview
- Tether confirmed an investment in Parfin, a Latin American digital-asset infrastructure firm, to expand institutional use of USDT.
- The companies said the deal aims to help banks move operations onto blockchain rails and use USDT for cross-border payments, real‑world asset tokenization, trade finance and other credit markets.
- Financial and structural terms of the investment were not disclosed by Tether or Parfin.
- Parfin offers institutional tools for custody, tokenization and blockchain-based settlement tailored to regulated, large-value transactions in the region.
- The move marks a deeper institutional push for Tether and follows a strategic investment in Ledn as well as a reported €1 billion plan involving Germany-based Nuera.