Tether participated in EFY Finance’s latest raise.
Tether has officially announced that it participated in EFY Finance’s seed round to improve stablecoin payments and infrastructure from El Salvador and across the greater LATAM region.
In particular, EFY Finance offers quick payments to clients in over 17 countries using its multi-currency account.
It processed around $1.1B volumes to date and is registered under the El Salvador digital asset framework.
El Salvador is also home to Tether and some of its subsidiaries.
Tether Grows Venture Portfolio
Tether is doubling down on investing in the LATAM region.
The stablecoin issuer is supporting off/on-ramping stablecoin infrastructure and local digital asset firms.
In 2026 alone, Tether invested into several early players, including LemFi, Mercado Bitcoin, and Plenti.
This is to help education on personal finance management, as well as improve stablecoin payment rails as they evolve in countries like Columbia, Chile, Peru, Mexico, and Brazil.
Some of its other stablecoin investments internationally include Bit2Me in Spain, and SQRIL in Singapore.
It is important to point out that outside of a return on its initial capital, any investment made by Tether takes into account the future distribution potential of its solutions.
Here there is a focus to scale both of Tether’s USDT and USAT stablecoins.
Stablecoin VC Picks LATAM
LATAM is of particular interest for stablecoin VCs.
Around 80% of stablecoin VC investments is concentrated on LATAM corridors, especially on regions such as Brazil and Mexico per the Stablescape stablecoin map managed by Verda Ventures.
This is because many individuals are looking to use stablecoins for local and international payments, including sending and accepting smaller-sized amounts to friends and family via remittance options.
For FX, both USD:MXN and USD:BRL currency pairs are considered volatile and may see regular swings in the exchange rate quoted.
Overall in several LATAM countries there is a greater level of currency risk, thus making the U.S. dollar stablecoin an ultimate payment and savings product in everday high demand.
