[Tether and Fasanara Capital Launch $400 Million Private Credit Fund StableFund] According to an official announcement, Tether has partnered with Fasanara Capital to launch a $400 million private credit fund called StableFund, aiming to attract $3 billion in third-party institutional capital. The fund will provide short-term, asset-backed credit financing to small and medium-sized enterprises (SMEs) in over 60 countries worldwide. Tether will offer USDT settlement infrastructure and financing opportunities, while Fasanara will serve as the investment manager. Tether CEO Paolo Ardoino stated, 'USDT is designed to be an all-weather, frictionless global currency,' and through this fund, Tether's financing network will be transformed into a direct capital channel flowing to the businesses and communities that need it most.