[Tether Partners with Fasanara Capital to Launch $400 Million Private Credit Fund, Focusing on SME Credit] Odaily Planet Daily News: Tether has announced a partnership with tech-driven private credit asset management firm Fasanara Capital to jointly launch the private credit fund StableFund. The two parties will provide $400 million in anchor investments and plan to attract up to $3 billion in third-party institutional capital. The fund will focus on short-term, asset-backed credit for small and medium-sized enterprises (SMEs). Fasanara Capital will act as the investment manager, leveraging its fintech lending network spanning over 60 countries for asset allocation. Tether will serve as a co-sponsor, asset originator, and advisor, responsible for identifying financing opportunities tied to USD₮, as well as providing stablecoin settlement, fund inflow/outflow, and financial management infrastructure.