Stablecoin Private Credit Fund Launches with $400M Seed Capital
Tether, the worlds largest stablecoin issuer, and London-based asset manager Fasanara Capital are betting that a stablecoin private credit fundcan push crypto infrastructure deeper into everyday business lending. The two firms unveiled StableFund on September 9, 2026, an evergreen credit vehicle anchored by $400 millionin seed co-investment and built to funnel institutional money toward small businesses and consumers who have historically struggled to secure financing through conventional banks. Key takeawaysStableFund launched with $400 million in seed co-investment from Tether and Fasanara Capital, targeting up to $3 billion in third-party institutional capital.The fund routes USD₮ stablecoin settlement infrastructure into SME and consumer lending across more than 60 countries.StableFund is designed to help close a $5.7 trillion global SME financing gap through short-duration, asset-backed credit.Private credit is already an estimated $3 trillion global market, projected to reach $5 trillion by 2029.Tether acts as Originator and Advisor while Fasanara Capital serves as Investment Manager, deploying capital through its fintech lending network. Tether and Fasanara Capital Launch a $400 Million Stablecoin Private Credit Fund StableFund is a jointly sponsored, evergreen private credit vehicle, meaning it has no fixed maturity date and is built to keep raising and redeploying capital over time rather than winding down after a









