Tether collaborates with Fasanara Capital to launch a $400 million private credit fund

Tether and Fasanara Capital have jointly launched the private credit fund StableFund, providing $400 million in anchored investments and planning to attract up to $3 billion in third-party institutional capital. The fund focuses on investing in short-term, asset-backed credit for small and medium-sized enterprises. Fasanara Capital serves as the investment manager, while Tether serves as the co initiator, asset initiator, and advisor.