Tether Invests in LatAm Crypto Infrastructure Firm Parfin to Boost USDT Among Institutions

Tether, the company behind the popular stablecoin USDT, has taken a significant step by investing in Parfin, a cryptocurrency infrastructure firm based in Latin America, with the aim of strengthening the adoption and usage of USDT among institutional investors in the region. This strategic investment reflects Tether's commitment to expanding its presence in the rapidly growing Latin American cryptocurrency market and enhancing the capabilities of financial institutions to engage with digital assets more effectively. By collaborating with Parfin, Tether hopes to improve the accessibility and reliability of its stablecoin for various institutional applications, ultimately driving greater trust and utilization of USDT within the financial ecosystem of Latin America. source: https://www.coindesk.com/business/2025/11/20/tether-invests-in-latam-crypto-infrastructure-firm-parfin-to-boost-usdt-among-institutions