Stablecoin issuer Tether is entering the private credit space in partnership with Fasanara Capital. The two companies on Wednesday (Sept. 9) announced the launch of the StableFund, an “evergreen private credit vehicle” anchored by $400 million in co-investment from both sponsors, targeting up to $3 billion in institutional capital. “The launch comes as private credit has grown into an approximately $3 [...] The post Tether Enters Private Credit Space With Fasanara Partnership appeared first on PYMNTS.com .
Tether Enters Private Credit Space With Fasanara Partnership
