Tether is moving deeper into private credit. The stablecoin giant is launching a $400 million fund with Fasanara Capital, with plans to raise as much as $3 billion from outside investors. StableFund will target financing for underserved small and mid-sized businesses, with Tether sourcing USDT-linked opportunities and providing the settlement rails. Another sign stablecoins are expanding from payments into credit markets.(Frank Chaparro)