Tether Invests in EFY Finance to Boost LATAM Stablecoin Infrastructure
Tether's investment in EFY Finance aims to expand USDT and USAT adoption in Latin America's financial ecosystem.
Tether's investment in EFY Finance aims to expand USDT and USAT adoption in Latin America's financial ecosystem. Tether (USDT) is trading at $0.9993. This is an original TLT brief synthesising 2 outlets (Crypto Economy, TronWeekly), plus live market data, as of Tue, 13 Oct 2026 18:00:04 UTC.
This investment could accelerate the integration of stablecoins into Latin America's traditional banking and payment systems, potentially increasing financial inclusion and cross-border transaction efficiency in the region.
- Tether invests in EFY Finance to boost USDT/USAT adoption in Latin America.
- EFY provides infrastructure for cross-border payments and digital asset custody.
- USDT circulating supply stands at $184.09B, USAT at $183.1M.
- Investment comes amid growing institutional interest in stablecoin infrastructure.
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 adoption in Latin America. The outlets agree on the investment's focus on connecting stablecoins with local banking systems and financial services. However, neither outlet discloses the specific investment amount, and they differ slightly in emphasis, with Crypto Economy highlighting the connection to traditional payment systems while TronWeekly emphasizes the regional financial infrastructure aspect.
Tether, the company behind the world's largest stablecoin USDT, has announced an investment in EFY Finance, a Latin American financial infrastructure startup. The investment is part of EFY Finance's seed funding round and aims to bolster the adoption of USDT and USAT stablecoins in the region.
EFY Finance provides critical infrastructure for cross-border payments, digital asset custody, and integration with local banking systems. This investment is intended to strengthen the connection between digital assets and traditional financial services, facilitating smoother transactions and broader institutional adoption of stablecoins in Latin America.
The collaboration between Tether and EFY Finance is corroborated by both Crypto Economy and TronWeekly, though neither outlet specifies the exact amount of the investment. The move aligns with Tether's broader strategy of expanding its stablecoin ecosystem and increasing its presence in emerging markets.
According to DeFiLlama, the circulating supply of USDT is currently $184.09 billion, while USAT has a circulating supply of $183.1 million. These figures underscore the significant scale of Tether's stablecoin operations and the potential impact of its LATAM expansion efforts.
The broader crypto market remains relatively stable, with a total market cap of $2.87 trillion. 
Bitcoin has seen a modest 24-hour increase of 0.93%, while the Fear & Greed Index stands at 57, indicating a 'Greed' sentiment. Tether's USDT is currently priced at $0.999328, showing minimal change over the past day.
Since this brief published about 2 hours ago, Tether (USDT) has moved from $0.9993 to $0.9993 — -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 TLT'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 ≈ ₦1,367.16 (about $0.9993), up 0.0% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian 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.
TLT 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 LATAM Stablecoin Infr — questions & answers
What is EFY Finance's role in this partnership?
EFY Finance provides infrastructure for cross-border payments, digital asset custody, and integration with local banking systems in Latin America.
How much did Tether invest in EFY Finance?
The investment amount has not been disclosed by either outlet.
What is the current circulating supply of USDT?
USDT's circulating supply is $184.09 billion, according to DeFiLlama.
How much is 1 Tether worth in naira today?
About ₦1,367.16 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9993. The naira price moves with both USDT's US-dollar price and the USDT/NGN rate; use our Tether in naira page for any amount.
Which outlets reported this story?
This is an original TLT 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 TLT 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.