Tether has announced a strategic investment in Parfin, a leading blockchain infrastructure provider, to expand institutional adoption of USDT across Latin America. The funding will support Parfin’s development of advanced on-chain settlement solutions and reinforce stablecoin infrastructure that is already transforming corporate digital asset operations in the region.
This partnership represents a significant step toward strengthening Latin America’s financial technology landscape, where stablecoins are increasingly being utilized for cross-border transactions and treasury management. Parfin’s existing institutional-grade platforms have been instrumental in driving cryptocurrency adoption among corporations and financial institutions throughout LATAM markets.
The collaboration will focus on enhancing settlement efficiency and expanding access to dollar-denominated digital assets for businesses operating in emerging economies. By improving the underlying infrastructure supporting USDT transactions, the initiative aims to provide Latin American institutions with more robust tools for digital asset management and international payments.
This development comes as Latin American markets demonstrate growing interest in cryptocurrency solutions for financial operations, with stablecoins emerging as particularly valuable for businesses navigating currency volatility and seeking more efficient cross-border payment alternatives.
