# Tether Bets on Private Credit With Fasanara as $3 Trillion Market Shows Record Defaults

Tether has stepped into private credit just as the incumbents in that market are nursing a rough quarter. The stablecoin issuer teamed up with London-based Fasanara Capital on Sept. 9 to launch StableFund, seeded with $400 million in combined sponsor capital and targeting as much as $3 billion more

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| Published | 10 September 2026 |

Source: https://egamers.io/tether-bets-on-private-credit-with-fasanara-as-3-trillion-market-shows-record-defaults/