[Tether Announces Participation in EFY Finance's Seed Round for Latin American Stablecoin Payment Infrastructure] BlockBeats News, October 13, Tether announced its participation in EFY Finance's seed round financing to promote the adoption of USDT and USAT in institutional sectors. This investment aims to strengthen the infrastructure connection between stablecoins and the traditional financial system in Latin America. EFY Finance is a financial infrastructure company providing stablecoin-based cross-border payments, account services, and digital asset custody for the Latin American market. The company offers fiat on-ramp infrastructure for USDT and USAT, OTC services, wallets, and bank cards, supporting over 12 currencies and cross-border payment channels, with settlement capabilities to local accounts in 17 countries. EFY Finance has obtained the Digital Asset Service Provider (DASP) license in El Salvador and currently provides regulated services to more than 25,000 active individual and corporate accounts. [Original Link]