On the 9th, leading stablecoin issuer Tether announced the establishment of a private credit fund, the 'StableFund (Tether-Fasanara Lending Fund),' in collaboration with UK-based Fasanara Capital.
The two companies have jointly invested $400 million. The fund will operate as an evergreen fund, aiming to raise up to $3 billion in additional capital from third-party institutional investors.
Private cred...
