Tether, the issuer of the largest stablecoin USDT, has made a strategic investment in Parfin, the core developer of the Rayls ecosystem. Rayls is designed to connect Traditional Finance (TradFi) with public DeFi markets through a compliant, privacy-preserving infrastructure. This investment aims to accelerate institutional adoption of USDT and enhance the integration between TradFi and DeFi, with a particular focus on expanding these efforts across Latin America.
Tether Invests in Parfin to Boost USDT Adoption and Bridge TradFi with DeFi
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