Tether announced today an investment in Parfin to accelerate the institutional use of USDT and enhance blockchain-based settlement in Latin America. The company aims for financial institutions to use USDT as a core asset for international transactions, real-world asset tokenization, and yield-bearing credit markets.
The investment will allow Parfin to expand its Parfin Platform and Rayls platforms, which combine user-friendliness with institutional standards of security, privacy, and regulatory compliance.
Paolo Ardoino, CEO of Tether, stated that the initiative will strengthen the connection between traditional finance and the blockchain industry, while demonstrating Latin America’s potential as a global hub for digital asset innovation. The region recorded nearly $1.5 trillion in crypto transaction volume in 2025, with institutional use being a key driver of growth, according to Chainalysis.
Tether seeks to promote access to blockchain-based financial solutions. Parfin will consolidate its position as a secure and scalable infrastructure for institutions looking to operate with digital assets.
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