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المشهد العربي
Tether introduces $400M private credit fund
Tether has launched a private credit fund worth $400 million in collaboration with Fasanara Capital, aimed at financing startups and small to medium-sized enterprises that face difficulties accessing traditional funding. The fund seeks to attract external capital of up to $3 billion, with a joint investment of $400 million from Tether and Fasanara. The fund utilizes USDT (Tether's stablecoin) to enhance the efficiency of cross-border capital transfers, particularly in short-term loan lines, with the goal of expanding the use of stablecoins in the corporate financing sector.
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