Tether has announced an investment in Parfin, a move aimed at accelerating the adoption of its USD stablecoin, USDT, among institutional users in Latin America. This strategic investment is intended to enhance access to efficient blockchain settlement solutions across the region.
Parfin, a Latin American platform specializing in digital asset custody, tokenization, trading, and management, offers financial institutions the tools needed to securely engage with digital assets and blockchain technology. Tether's investment underscores its commitment to expanding USDT's reach and utility in emerging markets.
Tether Invests in Parfin to Boost USDT Adoption in Latin America
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