Tether has invested in the seed funding round of Latin American financial infrastructure firm EFY Finance to accelerate the adoption of USD₮ and USA₮ in institutional payment scenarios. The investment aims to strengthen connections between stablecoins and traditional finance by supporting EFY’s development of cross-border payments, account services, and digital asset custody infrastructure. EFY Finance currently offers on/off-ramp services, OTC trading, wallets, and payment cards for USD₮ and USA₮, covering local settlement channels across 17 countries and more than 12 currencies. The company holds a Digital Asset Service Provider license in El Salvador and serves over 25,000 individual and corporate accounts. Tether CEO Paolo Ardoino noted that compliant infrastructure and banking connections are critical for expanding stablecoin utility in regions facing inflation and capital controls.