Tether Leads $10M Investment in MANSA to Boost Cross-Border Payments

Tether, the company behind the world’s largest stablecoin USDT, has led a $10 million funding round for MANSA, a cross-border payments platform aiming to streamline international transactions through blockchain technology.

The funding includes a $3 million pre-seed round, co-led by Polymorphic Capital, alongside contributions from Octerra Capital, Faculty Group, and Trive Digital. An additional $7 million was secured as liquidity funding from other institutional investors, further strengthening MANSA’s financial foundation.

Revolutionizing Cross-Border Payments with USDT

MANSA’s platform leverages USDT to provide on-chain liquidity, enabling real-time settlements and instant payoutsfor cross-border transactions. This approach addresses long-standing challenges faced by payment providers, especially in emerging markets.

“Tether is committed to advancing financial inclusion, and MANSA’s solution aligns perfectly with that mission,” said Paolo Ardoino, CEO of Tether. “By utilizing USDT for cross-border payments, MANSA is eliminating bottlenecks and creating opportunities for businesses in underserved regions.”

Expanding into Latin America and Southeast Asia

The newly secured funding will support MANSA’s expansion into Latin America and Southeast Asia, two regions where cross-border liquidity remains a significant hurdle. The company also plans to deepen its presence in Africa and South America, where it has already established partnerships with several payment providers.

Since its launch in August 2024, MANSA has processed over $31 million in transaction volume, according to Dune Analytics, underscoring the platform's rapid growth and adoption.