Derived from TheMarketPeriodical, Tether has taken a stake in Parfin, a digital asset platform in Latin America, to expand the use of USD₮ among institutions. The investment aims to support blockchain settlement, tokenization, and custody services, aligning with the region's growing digital asset activity. Parfin provides secure tools for institutions to access digital assets, and the partnership is expected to strengthen the integration of USD₮ into on-chain processes. The move follows a report showing Latin America's digital asset transaction volume reached nearly $1.5 trillion in 2025.
Tether Invests in Parfin to Boost USD₮ Adoption in Latin America
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