Tether Participates in EFY Finance Seed Round Financing

Tether has participated in the seed round financing of EFY Finance, with the specific amount undisclosed. This investment aims to accelerate the institutional application scenarios of USDT and USAT, strengthening the infrastructure connection between stablecoins and traditional financial systems in the Latin American region. EFY Finance is a financial infrastructure company targeting the Latin American market, providing stablecoin-based cross-border payment, account, and digital asset custody services, offering deposit and withdrawal infrastructure, OTC services, wallets, and bank cards for USDT and USAT, covering over 12 currencies and channels, and supporting local account settlements in 17 countries. The company holds a digital asset service provider license in El Salvador, with its business primarily covering Bolivia, Colombia, Mexico, El Salvador, Panama, and Ecuador.

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