Stablecoin giant Tether has invested in the International Payment Provider Company! What does it mean? Here are the details

Cross -border payment provider MANSA, USDT Stablecoin Exporter Tether’in It provided $ 10 million funds under its leadership. Investment is expected to accelerate Mansa’s global expansion and strengthen Onchain Liquidity solutions.

Tether pioneered a 10 million dollar financing tour for Mansa, a cross -border payment company.

According to the company’s press release, Tether led Mansa’s pre -seed tour of the $ 3 million in cooperation with Polymorphic Capital.

Additional investors include Octerra Capital, Faculty Group and Trive Digital. Mansa also provided $ 7 million liquidity fund from other corporate investors.

Utilization of USDT for cross -border payments

Mansa uses USDT Stablecoin to increase liquidity for international payments that aim to make transactions faster and more accessible for worldwide businesses.

Tether CEO Paolo Ardoino said, ”Mansa’s vision to address liquidity difficulties in cross -border payments is compatible with our mission of creating a more efficient and inclusive financial system.”

“Mansa, which benefits from USDT for real -time payments and instant payments, solves critical problematic points for payment companies operating in developing markets.”

With the newly collected capital, Mansa plans to open to Latin America and Southeast Asia, where liquidity problems frequently prevent cross -border operations.

Mansa has focused on establishing partnerships with payment providers in Africa, Asia and South America since its operation in August 2024. According to Dune Analytics, the company has achieved a transaction volume of approximately $ 31 million to date.

This financing tour, as companies such as Mansa use block chain technology to develop cross -border transactions and financial accessibility, underlines the increasing role of stabenscoins in global finance.

*It is not an investment advice.