Tether and Fasanara launch $400M StableFund private credit vehicle
Tether and Fasanara Capital launched StableFund, a private credit evergreen fund backed by $400 million from the two firms. It targets as much as $3 billion from institutional investors, using USDT for short-duration asset settlements.
Tether and Fasanara Capital have launched a private credit fund supported by $400 million from the two firms and targeting up to $3 billion from institutional investors. The evergreen vehicle, called StableFund, will use Tether’s USDT (USDt) as settlement infrastructure for short-duration, asset…