Tether plants its flag in Latin America with Parfin acquisition

Crypto NewsThursday, November 20, 2025 at 5:45:00 PM
Tether plants its flag in Latin America with Parfin acquisition
  • Tether has acquired Parfin, a digital asset custody platform in Latin America, to strengthen its foothold in the region's cryptocurrency market. This acquisition is aimed at enhancing Tether's operational capabilities and expanding its user base.
  • The acquisition of Parfin is significant for Tether as it seeks to boost the adoption of its stablecoin, USDT, among institutional investors, thereby solidifying its position in the competitive landscape of digital assets.
  • This development reflects a broader trend of increasing institutional interest in cryptocurrency infrastructure, as companies like Tether invest in regional platforms to facilitate the growth of digital asset adoption and enhance financial inclusivity.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Spain’s Bankinter joins $35M Bit2Me round amid growing bank crypto alliances
PositiveCryptocurrency
Spain's Bankinter has joined a $35 million investment round for the cryptocurrency exchange Bit2Me, alongside Tether and BBVA, following Bit2Me's receipt of its MiCA license in 2025. This collaboration highlights the growing trend of traditional banks forming alliances with cryptocurrency platforms.

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about