Tether Investments Participates in $134M Funding Round for Stablecoin Development Corporation

Gate News message, April 15 — Tether Investments has participated in a $134 million funding round for Stablecoin Development Corporation (NYSE American: SDEV), a publicly listed company. Co-investors include R01 Fund LP and Framework Ventures, among other digital asset-focused institutions. SDEV operates as an on-chain holding company focused on building stablecoin payment and transfer infrastructure, as well as cross-platform capital flow solutions, with the goal of lowering user adoption barriers.

Global stablecoin circulation has surpassed $300 billion, with transaction volumes reaching $33 trillion last year—exceeding the combined volume of Visa and Mastercard. Tether's USDT user base has grown to 570 million.