Tether Invests in EFY Finance to Boost Stablecoin Adoption in Latin America
Tether's investment in EFY Finance aims to expand USDT and USAT usage in Latin American financial infrastructure.
Tether's investment in EFY Finance aims to expand USDT and USAT usage in Latin American financial infrastructure. Tether (USDT) is trading at $0.9992. This is an original Token Times brief synthesising 2 outlets (Crypto Economy, TronWeekly), plus live market data, as of Tue, 13 Oct 2026 18:30:01 UTC.
This development highlights Tether's strategic focus on expanding stablecoin adoption in Latin America, leveraging EFY Finance's infrastructure to connect digital assets with traditional financial systems and potentially increasing USDT/USAT usage in the region.
- Tether invests in EFY Finance to boost stablecoin adoption in Latin America.
- EFY Finance provides infrastructure for cross-border payments and digital asset custody.
- USDT circulating supply stands at $184.13B, USAT at $183.13M.
- Investment aims to connect stablecoins with local banking and payment systems.
Both Crypto Economy and TronWeekly report that Tether has invested in EFY Finance as part of its seed funding round, with the aim of expanding USDT and USAT usage in Latin America. They agree on the investment's focus on connecting stablecoins with local banking systems, cross-border payments, and financial services. However, neither outlet discloses the specific investment amount, and there are no discrepancies in the reported details.
Tether has announced an investment in EFY Finance, a Latin American financial infrastructure startup, as part of its seed funding round. This move is aimed at expanding the institutional use of Tether's stablecoins, USDT and USAT, in the region.
EFY Finance offers critical infrastructure for cross-border payments, digital asset custody, and connections between digital assets and traditional banking systems. The investment is expected to strengthen these services, facilitating greater integration of stablecoins into Latin American financial ecosystems.
The reports from Crypto Economy and TronWeekly corroborate the investment details, though neither specifies the exact amount. Both outlets highlight the strategic importance of the partnership in enhancing stablecoin adoption and integration with local financial systems.
The investment comes at a time when Tether's USDT has a circulating supply of $184.13 billion, according to DeFiLlama, while USAT's circulating supply is $183.13 million. The total crypto market cap is $2.87 trillion, with 
Bitcoin showing a 24-hour increase of 0.93%.
The partnership underscores Tether's commitment to expanding its footprint in Latin America, a region with growing demand for digital financial solutions. The integration of stablecoins with local banking and payment systems could pave the way for broader adoption and usage of USDT and USAT in the region.
Since this brief published about 3 hours ago, Tether (USDT) has moved from $0.9993 to $0.9992 — -0.01%.
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 ≈ ₹103.31 (about $0.9992), up 0.0% over 24 hours. The rupee itself trades about 7.8% 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 13, 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 Invests in EFY Finance to Boost Stablecoin Adoption i — questions & answers
What is the goal of Tether's investment in EFY Finance?
The goal is to expand the use of USDT and USAT in Latin America by integrating stablecoins with local banking and payment systems.
How much did Tether invest in EFY Finance?
The investment amount has not been disclosed by either outlet.
What services does EFY Finance provide?
EFY Finance offers infrastructure for cross-border payments, digital asset custody, and connections between digital assets and traditional banking systems.
How much is 1 Tether worth in rupee today?
About ₹103.31 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 Economy, TronWeekly, with the key figures cross-checked for agreement across them. 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.