Tether, the world’s largest digital asset company and issuer of USDT, has made a strategic investment in Parfin, a leading Latin American platform for digital asset custody, tokenization, trading, and asset management.
The investment aims to accelerate institutional adoption of USDT and expand access to efficient blockchain-based settlement infrastructure across the region.
According to Tether, the partnership will focus on enabling financial institutions to leverage USDT as a core settlement asset for high-value use cases. These include global payments, real-world asset (RWA) tokenization, and yield-bearing credit markets such as trade finance receivables, commercial receivables, and credit card receivables, segments where blockchain-based settlement is increasingly being explored for speed and cost efficiency.
Parfin's Role in Digital Finance Transformation
Parfin, which develops technology solutions for regulated institutions, has emerged as a key driver of Latin America’s digital finance transformation. Its institutional-grade platform combines ease of use with strict compliance, allowing banks and financial firms to deploy blockchain services in a secure and scalable environment. The company’s architecture supports private and public blockchain networks, providing flexible pathways for institutions transitioning into tokenized finance.
Tether's Commitment to Financial Freedom
Paolo Ardoino, CEO of Tether, stated that the partnership reinforces the company’s mission to expand financial freedom through real-world digital asset adoption. “Strengthening the bridge between traditional finance and blockchain is essential to unlocking global access,” Ardoino said. “Parfin shares our commitment to enabling individuals and institutions to benefit from digital innovation. Latin America is already a global powerhouse for blockchain development, and this investment underscores our belief in the region’s potential.”
Parfin's Vision and Validation
Parfin CEO Marcos Viriato welcomed the investment, calling it “a strong validation” of the firm’s vision to bring institutional finance on-chain. “With the Parfin Platform and our Rayls network, we are building secure, private, and compliant infrastructure to support large-scale tokenization and USDT-based settlement,” he said.
Latin America's Crypto Adoption Landscape
The partnership comes as Latin America continues to experience rapid crypto adoption. According to the Chainalysis 2025 Geography of Cryptocurrency Report, the region recorded nearly $1.5 trillion in transaction volume, driven heavily by institutional activity. This momentum, combined with growing regulatory clarity, positions Latin America as a key market for blockchain-based financial innovation and underscores the strategic importance of the Tether–Parfin collaboration.