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Tether Invests $134M in SDEV’s Funding Round for Blockchain Infrastructure

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Tether Investments participated in a $134 million funding round for Stablecoin Development Corporation (SDEV), a blockchain-focused company listed on the NYSE. R01 Fund LP and Framework Ventures also took part. SDEV develops infrastructure for stablecoin payments, transfers, and cross-platform liquidity. The funding aims to reduce barriers for users. The company specializes in blockchain solutions and scalable technologies for the stablecoin sector.

BlockBeats report: On April 15, Tether announced that Tether Investments participated in a $134 million funding round for the publicly listed company Stablecoin Development Corporation (NYSE American: SDEV), alongside other digital asset investment firms such as R01 Fund LP and Framework Ventures.


SDEV is positioned as an on-chain holding company focused on building infrastructure for stablecoin payments, transfers, and cross-platform fund movements, aiming to lower barriers for users.

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