Tether invests in stablecoin payments across 17 countries

Tether has invested in Latin American financial technology company EFY Finance through its seed funding round, seeking to expand institutional access to USDT and USAT stablecoin payments across 17 countries. Tether announced the investment on October 13, confirming that the funding would support EFY Finance’s infrastructure for international payments, digital asset custody and connections to local banking systems. The company serves more than 25,000 active individual and business accounts and operates across several Latin American markets. Financial details, including Tether’s investment amount and EFY’s valuation, were not disclosed.

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