Tether and Fasanara Launch $400 Million Private Credit Fund

Tether, the issuer of the USDT stablecoin, is moving into private credit through a $400 million fund established with Fasanara. Under the arrangement, Tether will help identify lending opportunities for Fasanara’s private credit network and provide infrastructure for stablecoin-based payments. The initiative expands Tether’s role beyond issuing USDT into supporting financing activity within a private credit platform. CoinDesk reported the partnership on Sept. 9, 2026. The announcement links Tether’s stablecoin payment capabilities with Fasanara’s lending network, although the supplied information does not specify the sectors, borrowers or geographic focus of the opportunities targeted by the fund. It also does not provide details on the fund’s investment performance, deployment schedule or expected returns. The partnership is relevant to USDT market coverage because it introduces a stated use case for the stablecoin in private-credit transactions.