Tether has made a strategic investment in Parfin, a digital asset platform focused on institutional adoption of USDT in Latin America. This move aims to accelerate the use of stablecoin payments for high-value transactions within the region, including cross-border payments, tokenized real estate, and credit markets related to trade finance and commercial invoices. Parfin’s platform provides institutions with custody, tokenization, and transaction services for digital assets. The company was officially registered in Argentina as a virtual asset service provider earlier this year, having previously operated in Brazil since 2020. Tether CEO Paolo Ardoino highlighted his belief in Latin America’s potential as a center for blockchain innovation.