Tether, the biggest company in the digital asset industry, announced an investment in Parfin, a platform for digital asset custody, tokenisation, trading, and management in Latin America, to expedite the adoption of USD₮ for institutional use cases and enhance access to effective, blockchain-based settlement throughout the region.
Tether’s support for financial institutions
Tether’s dedication to helping financial institutions adopt USD₮ as a primary settlement asset for high-value use cases is demonstrated by this investment.
These include international transactions, tokenisation of real-world assets (RWAs), and yield-bearing credit markets, including credit card receivables, trade finance receivables, and commercial receivables.
More on Parfin
One of the forces behind the financial revolution is Parfin, which gives organisations the means to securely investigate the possibilities of digital assets and blockchain technology.
The business continues to show how responsible innovation may provide new avenues for the global financial system by combining user-friendliness with the accuracy demanded by the institutional market.
This strategy makes it easier to employ blockchain technology while guaranteeing that it is both scalable to satisfy market demand and compliant with stringent regulatory requirements.
Quote from the Leaders
“At Tether, we believe in global, unrestricted access to financial freedom and real-world digital asset use cases. One way to achieve this is to strengthen the bridge between traditional finance and blockchain technology, enabling easier access for individuals and institutions.”
“Parfin has shown a strong commitment to bridging this gap. This investment also reflects our belief in Latin America as one of the global powerhouses for blockchain innovations,” said Paolo Ardoino, CEO of Tether.
“Parfin has established itself as a pioneer in building the Parfin Platform and Rayls to bring the global financial system on-chain in a way that is secure, private, and compliant,” said Marcos Viriato, Chief Executive Officer of Parfin.
Crypto and Latin America
Latin America is one of the most active areas in the world, with approximately $1.5 trillion in bitcoin transactions, according to the Chainalysis 2025 Geography of Bitcoin Report.
The use of cryptocurrencies by institutions is a key factor in this expansion, and several legislative actions have contributed to the development of a vibrant ecosystem that makes it possible for bigger institutions to successfully participate.
This expansion demonstrates the potential of Latin America and emphasises the strategic significance of this partnership in promoting financial independence and well-informed institutional use cases throughout the region.