Tether invests in the Brazilian fintech company "Pakin"…… The strategy for the Latin American payment market based on USD is officially launched.

Tether has made a strategic investment in the platform “Pafin”, headquartered in Brazil and the UK, to enter the South American digital asset market. This investment demonstrates the determination to promote the stablecoin USDT as an institutional payment method across Central and South America.

Tether, based on Parfin, is focused on building “digital asset custody, tokenization, and trading infrastructure” as a company (established in 2019) and has high expectations for synergies. Parfin has been operating in Brazil since 2020 and obtained formal registration as a virtual asset service provider from the Argentine financial regulator in October of this year, continuously expanding its business territory.

The company stated that this investment is a strategic part of promoting the tokenization of real estate, trade finance credit markets, and card receivables payment in the Central and South American regions, rooted in “inter-institutional on-chain payment infrastructure”. While the specific investment amount has not been disclosed, it can be seen as a strategic decision to strengthen the competitiveness of the global stablecoin market.

Tether CEO Paolo Ardoino stated: “This investment reflects our strong belief that Latin America will become one of the global centers for blockchain innovation.”

Currently, USDT has a market value of approximately $183.7 billion (about 183.73 trillion Korean Won), holding the largest share of the entire stablecoin market (approximately $303.2 billion, about 303.2 trillion Korean Won). This investment in Parfin is the second strategic move following Tether's recent injection of funds into the Bitcoin-backed lending platform Ledn.

Tether is seeking to transform from a simple stablecoin issuer to a “payment infrastructure operator” that connects the real economy with blockchain. It is particularly noteworthy that the high inflation and unstable financial systems in the Central and South American regions are becoming important factors driving the demand for dollar-pegged digital assets such as USDT.

TokenPost Ai

🔎 Market Interpretation

Tether's initiative can be interpreted as a long-term strategy aimed at building decentralized financial infrastructure through stablecoins, going beyond mere regional expansion. Parfin, as a professional team that has obtained local regulatory approval and possesses the necessary infrastructure, is an ideal partner for Tether to minimize risks and reduce market entry barriers.

💡 Strategic Highlights

• Precisely targeting the market for “trade finance · RWA · cross-border” payment institutions based on stablecoins.

• Build an on-chain payment ecosystem through regionally approved partners.

• Focus on key markets such as Argentina and Brazil where there is strong demand for USD and currency instability.

📘 Terminology Definitions

RWA: Converting traditional assets such as real estate, bonds, and accounts receivable into blockchain tokenized assets.

On-chain payment: All transaction records are stored in the blockchain network's digital payment method.

VASP: Virtual Asset Service Provider, referring to operators that provide virtual asset custody, trading, and transfer services.

TP AI Precautions

This article is based on the TokenPost.ai language model for article summary generation, and there may be omissions of the main content or discrepancies with the facts.