The investment will help Parfin expand its onchain settlement tools and strengthen stablecoin infrastructure that is already driving institutional crypto use in LATAM. Tether has invested in Parfin, a London- and Rio de Janeiro-based digital asset platform, to push USDT deeper into Latin America’s institutional market and expand onchain settlement across the region. According to Tether, the investment underscores its push to position USDt (USDT) as an institutional settlement rail for high-value activities, including cross-border payments, real-world asset (RWA) tokenization, and credit markets tied to trade finance, commercial invoices and card receivables. Founded in 2019, Parfin builds infrastructure for institutions to custody, tokenize and transact digital assets. In October, the company secured official registration in Argentina as a virtual asset service provider and was recognized by the country’s financial regulator. It has been operating in Brazil since 2020. Read more
Tokenization could solve Latin America’s capital market inefficiencies, boosting liquidity and unlocking new investment opportunities, according to Bitfinex Securities. Update Aug. 21, 2:23 p.m. UTC: This article has been updated to include a paragraph on Latin American stablecoin adoption. Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, according to Bitfinex Securities. Systemic inefficiencies, including high fees, complex regulations and structural issues such as technological barriers and high startup costs, are slowing investment and hindering capital flow into Latin American capital markets, in a phenomenon dubbed “liquidity latency,” according to the Bitfinex Securities Market Inclusion report, published on Thursday. Read more
From January 2021 to July 2025, Ethereum-based flows in Latin America reached $45.5 billion, accounting for around 75% of all flows. Latin America’s (LATAM) centralized crypto exchanges grew from niche platforms into critical financial infrastructure in three years, with flows increasing ninefold, according to new research. Dune Research’s LATAM Report revealed that 2021 annual crypto exchange flows in the region totaled $3 billion. In 2024, the total exchange flows for LATAM reached $27 billion, up by 800%, signaling strong regional digital asset growth. In its early years, LATAM crypto activity was modest by global standards. Still, a fragmented ecosystem of small brokers and over-the-counter (OTC) desks grew into integrated exchanges serving retail and institutional clients. Read more