Tether backs Fasanara private credit fund with $400 million, CoinDesk reports
The new fund aims to raise up to $3 billion from institutional investors, according to CoinDesk.
TLDR
CoinDesk reports that Tether is pushing into private credit with Fasanara Capital, backing a new fund with $400 million. The outlet says the fund aims to raise up to $3 billion from institutional investors, with USDT used to help move capital to lenders across more than 60 countries.
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