Tether backs Saber Money to scale stablecoin payment rails across Asia and the Gulf
What's the deal? Saber MoneyDealroom has a profile for this one. Try Dealroom →, a San Francisco-based payment infrastructure startup, has raised early-stage strategic funding from stablecoin issuer Tether and Hong Kong-based CMCC Global's Titan FundDealroom has a profile for this one. Try Dealroom →. The company moves money for financial institutions, fintechs, and businesses across emerging-market corridors using stablecoin settlement.
What's the endgame? Saber plans to deepen its existing corridors while expanding across Asia-Pacific and the Gulf region. A key focus is securing local licenses and banking relationships to improve settlement economics in each market.
Where it stands: Saber holds licenses and authorisations in Canada, the EU, India, and Australia, and operates Mudrex, one of India's largest crypto exchanges. Over the past nine months, its payment volumes grew more than sixfold, processing billions of dollars across more than 40 countries. More than 90% of payments clear in under one minute.
What's next? The company also plans to move into B2B payments, targeting friction businesses face when paying suppliers, managing treasury, and moving working capital internationally.
"Emerging markets are where the next chapter of global payments is being written, and stablecoins are the infrastructure that makes it possible," said Tether chief executive officer Paolo Ardoino.
Why these corridors? Asia accounts for roughly 35% of global payment flows, while South Asia and East Asia & Pacific together receive more than $1 trillion annually. The Gulf is a major source of outbound payments; the UAE alone sent about US$48.1B in remittances in 2025.
The signal: Cross-border B2B stablecoin payments are projected to reach $5 trillion by 2035, according to Titan FundDealroom has a profile for this one. Try Dealroom → co-founder and managing partner Shiau Sin Yen. Saber's raise reflects investor conviction that stablecoins can replace slow, costly rails in the regions driving the next wave of cross-border volume.
Read more: recorderonline.marketminute.com
Image credit: j_cadmus
