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Tether Backs $134 Million Raise as Stablecoin Infrastructure Expands into Mainstream Use Cases

source-logo  tether.io 2 h
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15 April 2026 – Tether Investments has announced that it has participated in a $134 million financing round for Stablecoin Development Corporation (NYSE American: SDEV), a publicly traded company focused on providing public market access to the stablecoin economy and advancing digital asset infrastructure. The round included participation from R01 Fund LP, Framework Ventures, and other investors active in the digital asset space.

Across global markets, stablecoins are increasingly being used to send money, settle transactions, and hold dollar value in digital form, with total circulation now exceeding $300 billion. For people in emerging markets whose local currency has been devalued, stablecoins offer a lifeline, providing a way to preserve purchasing power, receive payments from remote work, and participate in a more stable global economy. Last year, stablecoin transaction volume exceeded $33 trillion, surpassing the combined volume of Visa and Mastercard. Today, Tether serves over 570 million users of USD₮ globally, demonstrating the scale at which USD₮ is already embedded in everyday financial activity.

As an on-chain holding company, Stablecoin Development Corporation is building around these systems, looking at how stablecoins and decentralized finance are used in practice, from payments and transfers to moving funds across platforms, while identifying ways to reduce friction and ease the user experience. Stablecoin Development Corporation represents an institutional effort to invest in and provide public market access to the economics of stablecoins.

Consumer applications are increasingly integrating stablecoin rails, from wallets and payment apps to integrations with popular platforms that are incorporating stablecoins into their products. As stablecoin use rises globally, attention has shifted to the systems behind them, how they move, which platforms support them, and how easily users can access them.

“Stablecoins are already being used far beyond trading, especially in places where traditional systems don’t work well,” said Paolo Ardoino, CEO of Tether. “What matters now is making that infrastructure more reliable and easier to use, so people can rely on it day to day. The next phase of adoption will be driven by systems that make digital assets practical and accessible for everyday use.”

“Tether has played a foundational role in bringing stablecoins into real-world financial use at a global scale. We are proud to have their support as we build Stablecoin Development Corporation into a public-market platform aligned with the long-term growth of stablecoin infrastructure and utility,” said Michael Kazley, CEO and Chairman of SDEV.

Tether’s participation in the round reflects a continued focus on the foundational infrastructure that makes stablecoins usable at scale. As stablecoins become more ubiquitous and integrated in popular consumer apps, advances must be made in how easily stablecoins can move between users, platforms, and local economies. That is what will make stablecoins the default way of moving money globally.

About Tether Investments

Tether Investments is the independent investment arm of Tether, the largest company in the digital assets industry. Based in El Salvador, the company deploys capital from Tether’s profits and excess reserves across a wide range of sectors where technology, infrastructure, and real-world utility intersect.

Its portfolio includes investments in artificial intelligence, financial services, energy, biotechnology, education, and digital media, as well as strategic stakes in industries such as commodities, remittances, and sports and entertainment. Tether Investments supports ventures with long-term potential to improve access, efficiency, and resilience in both emerging and developed markets. Its work supports Tether Group’s broader mission to strengthen decentralized systems, promote infrastructure resilience, and expand real-world access to open, transparent technologies.

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