Tether's investment in Parfin aims to accelerate the adoption of digital assets in the Latin American market.

Odaily Planet Daily reports that Tether has announced an investment in Parfin, though the specific amount has not yet been disclosed. Parfin is a Latin American digital asset custody, tokenization, trading, and management platform designed to accelerate the adoption of USD₮ in institutional use cases and improve access to efficient blockchain-based settlements in the region.