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Tether has led a $10 million seed funding round for Mansa, a cross-border liquidity provider. This investment aims to enhance Tether's stablecoin, USDT, and solidify its presence in emerging markets. Mansa has financed over $18 million in payments and reported a total payment volume (TPV) of $31 million since August. Additionally, the company has experienced a 350% increase in revenue, indicating strong growth in the cross-border payments sector.
[THE BLOCK] Tether leads $10 million funding in cross-border payments firm MANSA $USDt
New: Stablecoin issuer @Tether_to leads $10M round in cross-border liquidity provider @MANSA_FI, helping to solidify USDT's dominance across emerging markets through credit. — $18M+ in payments financed. — $31M in TPV since August. — Revenue is up 350%. https://t.co/ZThqcb8uH6
Tether leads $10 million funding in cross-border payments firm MANSA https://t.co/dR0M4B4X6E
