Tether and Fasanara Capital have allocated $400 million toward a brand-new private credit vehicle named StableFund, which will channel funding via the worldwide fintech lending ecosystem of Fasanara.
As outlined in an announcement on Wednesday, both companies are co-sponsoring StableFund and intend to raise an additional $3 billion from external institutional participants. Fasanara will operate as the investment manager, focusing on short-term, asset-backed credit approaches.
Simultaneously, Tether will take on the roles of originator and advisor by identifying financing deals tied to USDT. Furthermore, it will supply the stablecoin settlement framework for the fund, featuring entry and exit pathways along with treasury mechanisms, which allows funds to transfer internationally with greater speed than conventional networks permit.
Lending through fintech platforms
The design of StableFund will integrate (USDT) directly into small-and-medium-sized enterprise and consumer credit pipelines across financial technology platforms spanning over 60 nations, the organizations noted.
“We are transforming Tether’s sourcing network into an immediate conduit for money to reach the enterprises and populations that require it urgently,” remarked Tether CEO Paolo Ardoino in the release.
“We are enhancing the way funds are allocated within physical economy credit sectors and facilitating smoother international debt transactions,” stated Fasanara Capital CEO Francesco Filia.
Headquartered in London, Fasanara manages upwards of $6 billion in assets, encompassing portfolios such as small business loans, consumer debt, commercial receivables, and supply chain financing.
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Originally published at https://www.theblock.co/news/deals/2026-09-09-tether-fasanara-launch-400-million-fund-for-stablecoin-enabled-private-credit-414011.