Final Deployed Capital
$3,000M
Target credit capacity
Gross Annual Revenue
$375.0M
Interest receipts before loss
Projected Default Loss
$36.0M
Provisioned risk leakage
Debt-Service Coverage
2.41x
Healthy Yield Operation
Net Investor APY
8.78%
Net distribution post-reserve
Portfolio Capital Structure ($M Allocation)
Real-time tranche sizing Senior Stablecoin Tranche (Tether USDT)
Mezzanine Credit Tranche
Junior Equity / First-Loss Cushion
Cash & Liquidity Buffer
Annualized Yield & Cash Flow Waterfall ($M)
Interest distribution cascade Gross Inflow
Deductions (Defaults / Fees)
Stablecoin Senior Service
Net Investor Pool
Source & Structural Architecture Grounding
Reported by @Cointelegraph
"🔥 LATEST: Tether and Fasanara Capital launch a $400M private credit fund, targeting $3B in capital for stablecoin-enabled lending."
Institutional Mechanism: Fasanara Capital integrates real-world asset (RWA) underwriting, factoring, and working capital loans with Tether's deep stablecoin liquidity. Senior liquidity tranches require robust coverage (DSCR > 1.5x) to guarantee on-demand stablecoin redemptions while mezzanine and equity tranches absorb initial default variations.