Tether Backs Saber Money for Asia-Pacific and Gulf Expansion
Stablecoin issuer Tether and CMCC Global's Titan Fund invest in Saber Money to support its cross-border payment expansion in Asia and the Gulf.
Stablecoin issuer Tether and CMCC Global's Titan Fund invest in Saber Money to support its cross-border payment expansion in Asia and the Gulf. Tether (USDT) is trading at ₹95.02 ($0.9992). This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 16 Oct 2026 08:15:01 UTC.
This investment highlights Tether's strategic push into emerging markets and could accelerate the adoption of stablecoins in cross-border payments across Asia-Pacific and the Gulf region.
- Saber Money secures funding from Tether and CMCC Global's Titan Fund.
- Funds will support regulatory licenses and banking infrastructure expansion.
- Expansion targets Asia-Pacific and Gulf regions for cross-border payments.
- Tether Backs EFY Finance to Boost Stablecoin Adoption in Latin America
- Tether Backs Saber Money for Asia-Pacific and Gulf Expansion — this brief
Saber Money, a payments firm, has announced that it has secured funding from 
Tether, the company behind the largest stablecoin USDT, and CMCC Global's Titan Fund. This investment aims to bolster Saber Money's expansion into the Asia-Pacific and Gulf regions, focusing on enhancing its cross-border payment capabilities.
The funds will be utilized to acquire necessary regulatory licenses and to build out banking infrastructure, which are crucial steps for operating in the targeted markets. This strategic move underscores Tether's growing interest in emerging markets and its ambition to integrate USDT into more global payment systems.
The development comes at a time when the total crypto market cap stands at $2.83 trillion, with 
Bitcoin showing a 24-hour increase of 1.58%. Despite the broader market's positive trend, Tether's USDT has remained relatively stable, with its price at $0.999165 and a market cap of $183.51 billion.
The backing of Saber Money by Tether and CMCC Global's Titan Fund signifies a significant vote of confidence in the potential of stablecoins in transforming cross-border transactions. This partnership could pave the way for more seamless and cost-effective payment solutions in high-growth regions.
Since this brief published about 1 hour ago, Tether (USDT) has moved from ₹95.02$0.9992 to ₹95.02$0.9992 — +0.00%.
The chart plots USDT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDT ≈ ₹105.41 (about $0.9992), up 0.0% over 24 hours. The rupee itself trades about 10.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 16, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Tether Backs Saber Money for Asia-Pacific and Gulf Expansion — questions & answers
What regions will Saber Money focus on for expansion?
Saber Money will focus on expanding its operations in the Asia-Pacific and Gulf regions.
How will the funds from Tether and Titan Fund be used?
The funds will be used to obtain regulatory licenses and build banking infrastructure.
What is the current market cap of Tether's USDT?
USDT's market cap is $183.51 billion.
How much is 1 Tether worth in rupee today?
About ₹105.41 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9992. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.