Tether Backs EFY Finance to Supercharge LATAM Stablecoin Adoption

Tether announced an investment in EFY Finance as part of its seed funding round to expand institutional use of the USDT and USAT stablecoins in Latin America . The investment aims to strengthen services connecting digital assets with banks, businesses, and traditional payment systems. EFY Finance provides infrastructure for cross-border payments, accounts, and digital asset custody . Its services include conversions between local currencies and stablecoins, OTC trading, wallets, and cards, supporting more than 12 currencies and payment corridors .