Tether and Fasanara Launch $400M Stablecoin Fund Targeting $3 Billion in Private Credit

StableFund is intended to address an estimated $5.7 trillion global financing gap for small and medium-sized businesses, which are often underserved by traditional lenders.
Fasanara plans to deploy capital through a network of 141 fintech lending originators across more than 60 countries, giving the fund access to digital platforms that source and underwrite loans for businesses and consumers.
The initiative enters a private-credit market estimated at roughly $3 trillion globally and projected to reach $5 trillion by 2029, highlighting the sector’s growing role as an alternative source of financing and institutional investment.
Tether says StableFund’s stablecoin rails could allow loan disbursements and repayments to move through USDT infrastructure instead of waiting for conventional international transfers, such as SWIFT payments, to clear.
Tether and Fasanara Capital have launched StableFund, a new private credit vehicle seeded with $400 million and targeting up to $3 billion from institutional investors, according to PYMNTS. The fund will deploy capital through fintech lending platforms in more than 60 countries, focusing on short-duration loans to small businesses and underserved borrowers.
The partnership combines Fasanara's lending network with Tether's USDT stablecoin infrastructure to speed up international loan disbursements and repayments. CoinMarketCap reports the fund aims to address an estimated $5.7 trillion global financing gap for small and medium-sized businesses.
The private credit market globally sits at roughly $3 trillion and is projected to reach $5 trillion by 2029, Crypto News reports. StableFund enters this expanding sector as an alternative financing source for institutional investors seeking higher returns outside traditional banking.
Fasanara will manage the fund and tap a network of 141 fintech lending originators across 60+ countries. This digital-first approach bypasses traditional brick-and-mortar lenders and reaches borrowers—from small businesses to consumers—who lack access to conventional credit.
Tether will provide USDT-linked settlement infrastructure, including cross-border treasury rails and on/off-ramp connectivity. PYMNTS notes this setup allows loan disbursements and repayments to move through Tether's stablecoin network instead of waiting days for traditional SWIFT payments to clear.
Faster settlement reduces friction for lenders and borrowers across borders. Tether serves as co-sponsor, originator, and adviser, embedding its stablecoin infrastructure directly into the lending pipeline.
Small and medium-sized businesses globally face severe credit rationing. CoinMarketCap reports StableFund is designed to close the estimated $5.7 trillion financing gap left by traditional lenders who view these borrowers as too risky or unprofitable.
By combining Fasanara's underwriting expertise with Tether's fintech settlement rails, the fund targets faster capital deployment and lower transaction costs. The $3 billion fundraising target represents institutional capital sought beyond the $400 million sponsor commitment.
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