Tether invests in EFY Finance to expand stablecoin rails in Latin America

Tether said it has invested in EFY Finance as part of the company’s seed round, a move it said is aimed at expanding institutional use cases for USD₮ and USA₮ across Latin America. The investment is positioned as support for infrastructure linking stablecoins with banks, payment networks and custody services in the region, according to Tether’s 13 October 2026 announcement. EFY Finance describes itself as a financial infrastructure company offering stablecoin-based cross-border payments, accounts and digital asset custody across Latin America. In Tether’s account, the firm provides on- and off-ramp services for USD₮ and USA₮, OTC services, wallets and cards across more than 12 currencies and corridors, with settlement to local accounts in 17 countries.

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