Tether and Fasanara Capital have teamed up to launch StableFund, a new credit fund kicking off with $400 million in joint commitments. The partners are targeting up to $3 billion in capital from institutional players. StableFund will channel funds into business and consumer loans via fintech platforms across more than 60 countries. Fasanara will handle the fund management, while Tether powers settlement infrastructure using USDT.

What is StableFund?

StableFund is a joint venture between Tether and Fasanara Capital, seeded with $400 million. The fund is designed to provide credit to the real economy and retail sector by partnering with fintech services worldwide.

How the Model Works

The fund will finance a portfolio of business and consumer loans distributed through fintech platforms in over 60 countries. Fasanara takes charge of capital management and risk, operating under the fund’s mandate. On the tech side, Tether supplies the settlement rails in USDT, letting partners standardize and speed up cross-border payments.

Capital Raising Plans

The partners are aiming to bring in up to $3 billion more from institutional investors. That cash will go toward scaling up lending through connected platforms and expanding StableFund’s reach into new markets according to their strategy.