20 November 2025 – Tether, the largest company in the digital asset industry, has announced an investment in Parfin, a platform for digital asset custody, tokenization, trading, and management in Latin America, to accelerate the adoption of USD₮ for institutional use cases and improve access to efficient, blockchain-based settlement across the region.
This investment reflects Tether’s commitment to supporting financial institutions in leveraging USD₮ as a core settlement asset for high-value use cases. These include global transactions, real-world asset (RWA) tokenization, and yield-bearing credit markets such as trade finance receivables, commercial receivables, and credit card receivables.
Parfin is one of the catalysts for financial transformation, equipping institutions with the tools to explore the potential of digital assets and blockchain technology safely. With an approach that combines user-friendliness with the precision required by the institutional market, the company continues to demonstrate how responsible innovation can forge new pathways for the global financial system. This approach facilitates the use of blockchain technology, ensuring it not only complies with strict regulatory standards but is also scalable to meet market demand.
“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. “Tether’s investment is a strong validation of our vision to accelerate the integration of tokenization applications and USD₮ into our institutional-grade blockchain and digital assets solutions.”
According to the Chainalysis 2025 Geography of Cryptocurrency Report, Latin America recorded nearly $1.5 trillion in cryptocurrency transaction volume, making it one of the most dynamic regions globally. Institutional cryptocurrency usage is a major driver of this growth, with many regulatory decisions helping create a dynamic ecosystem that enables larger institutions to participate effectively. This growth highlights Latin America’s potential and reinforces the strategic importance of this collaboration in advancing financial freedom and informed institutional use cases across the region.
