Tether Invests $10M in MANSA to Enhance Global Payment Liquidity

MANSA, a cross-border payments company, has secured $10 million in funding, with Tether leading the investment.

The capital injection aims to accelerate MANSA’s expansion and enhance its blockchain-based liquidity solutions.

Tether previously participated in MANSA’s $3 million pre-seed round alongside Polymorphic Capital. Other contributors to the latest funding effort include Octerra Capital, Faculty Group, and Trive Digital. An additional $7 million in liquidity funding was raised from institutional backers.

By utilizing USDT, MANSA seeks to streamline global payments, ensuring faster transactions for businesses operating across borders. Tether’s CEO, Paolo Ardoino, emphasized that integrating stablecoins into cross-border finance aligns with their goal of improving financial efficiency and accessibility.

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The company plans to extend its reach into Latin America and Southeast Asia, regions where liquidity constraints pose challenges for international transactions. Since its launch in August 2024, MANSA has already processed around $31 million in transactions, with a strong focus on forming partnerships in Africa, Asia, and South America.

This investment highlights the increasing adoption of stablecoins in global finance, as companies like MANSA leverage blockchain technology to optimize international payment systems.

Alexander Stefanov