Tether has spearheaded a 10 million USD financing round for MANSA, which consists of 3 million USD in pre-seed funding and an additional 7 million USD in liquidity financing. This funding aims to enhance MANSA’s capabilities in providing onchain liquidity solutions using USDT.

The CEO of Tether, Paolo Ardoino, emphasized that this collaboration aligns with Tether’s goal of improving financial efficiency. MANSA plans to leverage this investment for expansion into Latin America and Southeast Asia, addressing significant liquidity barriers.