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Tether and Fasanara Capital commit $400 million to StableFund private credit

Tether and Fasanara Capital committed $400 million to StableFund, deploying via Fasanara’s global fintech lending network. The firms jointly sponsor it and plan to seek up to $3 billion more from third-party institutions.

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Tether and Fasanara Capital have committed $400 million to StableFund, a new private credit fund that will deploy capital through Fasanara’s global fintech lending network. The firms are jointly sponsoring the vehicle and plan to seek up to $3 billion more from third-party institutional investors.