Tether, the issuer of the USDT stablecoin, has announced a strategic investment in the Parfin platform, which specializes in the custody, tokenization, and management of digital assets. The funds will be directed towards strengthening blockchain infrastructure and scaling the use of USDT in Latin American countries.
This is reported by Finway
Expanding Institutional Use of USDT in the Region
Tether’s investment in Parfin aims to increase the adoption of the USDT stablecoin among financial institutions in the region. The companies plan to promote the use of USDT in cross-border payments, tokenization of real assets, as well as in various financial products, including factoring and trade receivables management. The Parfin platform offers tools for secure handling of digital assets, creating a compliant infrastructure that allows institutions to scale their solutions according to business needs.
“This investment reflects Tether’s commitment to supporting financial institutions in using USDT as a primary settlement asset for critical use cases,” the announcement stated.
Latin America — A Promising Market for Blockchain Innovations
Tether’s CEO Paolo Ardoino emphasized the company’s belief in unrestricted access to financial freedom and the real potential of digital asset applications. According to him, the collaboration with Parfin will help build a bridge between traditional finance and blockchain technologies, opening new opportunities for institutional clients in Latin America. Ardoino highlighted that the investment reaffirms Tether’s confidence in the region as one of the leading centers for blockchain innovation.
According to a Chainalysis report, from July 2022 to June 2025, Latin America became one of the leaders in cryptocurrency transaction volumes, reaching nearly $1.5 trillion. The main drivers of this growth were the active participation of institutions and the development of the regulatory framework.
It is worth noting that Tether’s net profit reached $10 billion by the end of the third quarter of 2025.