Tether announces investment in digital asset infrastructure platform Parfin: accelerating the adoption of USDT in Latin America
Tether officially announced today (20th) that it will make a strategic investment in Parfin, a Latin American digital asset infrastructure platform, but the specific amount has not yet been made public.
(Preliminary summary: TetherтАЩs golden empire: TetherтАЩs тАЬborderless central bankтАЭ ambitions and cracks)
(Background supplement: TetherтАЩs investment in Bitcoin mortgage loan platform Ledn: The era of currency-based lending has arrived, and the market size is expected to reach 60 billion US dollars in 2033)
Tether, the worldтАЩs largest stablecoin issuance company, officially announced today (20th) that it will invest in Latin AmericaтАЩs digital asset infrastructure platform Parfin A strategic investment was made, but the specific amount has not been disclosed. Tether pointed out that the purpose of this investment is clear: to accelerate the adoption of digital assets by institutions in Latin America, especially to promote Tether's US dollar stable currency USDT to become a core settlement tool for cross-border payments, tokenization of real world assets (RWA), and high-value credit markets such as trade finance, commercial accounts receivable, and credit card accounts receivable.
What is Parfin?
Parfin is one of the most institutionally trusted digital asset platforms in Latin America, providing one-stop custody, tokenization, trading and asset management services, and launching the enterprise-level EVM compatible public chain Rayls, focusing on allowing traditional financial institutions to participate in on-chain activities in a "safe, private and fully compliant" manner. Parfin's advantage lies in balancing regulatory requirements and ease of use, and has become a key driver of digital transformation in Latin America's finance.
For this investment, Tether CEO Paolo Ardoino said in the announcement: "We firmly believe that everyone should enjoy global barrier-free financial freedom and digital asset applications in the real world. To achieve this goal, one of the paths is to strengthen the connection between traditional finance and blockchain technology, making it easier for individuals and institutions to participate. Parfin We have shown a strong sense of responsibility in this regard, and this investment also reflects our confidence in Latin America as a global hub for blockchain innovation." At the same time, Marcos Viriato, CEO of Parfin, also responded: "Parfin has become a pioneer in bringing the global financial system to the chain in a safe, private and compliant manner through its self-developed Parfin platform and Rayls blockchain. Tether's investment strongly validates our vision: to accelerate the integration of tokenized applications with USDT. Integrated into our institutional-grade blockchain and digital asset solutions."
The Latin American market has unlimited potential, and institutional adoption is key
In the announcement, Tether specifically cited data from Chainalysis's "2025 Cryptocurrency Geography Report" and pointed out that the total cryptocurrency transaction volume in Latin America in the past year has approached US$1.5 trillion, making it one of the most dynamic emerging markets in the world. The main engine of this wave of growth is institutional-level applications, coupled with the gradual clarification of regulatory policies in various countries, allowing large banks, factoring companies and payment institutions to participate on a large scale.
Market analysis pointed out that this investment is regarded as a key step for Tether to fully enter emerging markets. Tether hopes to leverage Parfin's localization advantages to upgrade USDT from a retail payment tool to a core tool for institutional settlement, especially targeting high-value scenarios such as trade finance accounts receivable, commercial accounts receivable, and credit card accounts receivable.
