Tether and CMCC Global's Titan Fund have invested in Saber Money to support the company's expansion across Asia-Pacific and Gulf regions. According to the company's announcement, the investment will support new regulatory licenses, banking partnerships and payment products designed for businesses operating across emerging markets. The funding was announced on October 14 without disclosing the amount raised or the valuation attached to the funding, but the company plans to use the capital to develop services for businesses paying overseas suppliers, managing corporate treasury operations and transferring working capital between countries. The investment represents another strategic move by Tether to support companies seeking everyday payment opportunities with stablecoins.
Saber has demonstrated remarkable growth with payment volumes growing more than sixfold over the past nine months, processing billions of dollars across more than 40 countries. The company reports that more than 90% of its transactions are completed in under one minute, with its existing infrastructure supporting payments around the clock and allowing clients to initiate transfers outside conventional banking hours. Saber currently holds licenses, registrations and authorizations across Canada, the European Union, India and Australia, with its corporate group operating Mudrex, an Indian cryptocurrency exchange. The company's services cover remittances, payroll and other business payments through application programming interfaces, with Saber CEO Edul Patel working to make stablecoin-based payment infrastructure available across Asia-Pacific and the Gulf region.
The expansion will focus on securing direct access to local banking networks to improve settlement costs and offer payment services tailored to individual markets. Asia accounts for roughly 35% of global payment flows, with South Asia and East Asia and the Pacific collectively receiving more than $1 trillion annually. The United Arab Emirates recorded approximately AED 188 billion in outbound remittances in 2025. Saber identified international trade, migration and digital commerce as factors supporting demand for payment services in these regions. The company has not announced which countries it will enter next, the specific licenses it intends to seek or a launch schedule for its planned B2B payment products, but the funding will fuel expansion across Asia-Pacific and the Gulf regions.
Titan Fund co-founder and managing partner Shiau Sin Yen pointed to Asia's role in international remittances, stating that the region contributes approximately 53% of global remittance flows. Shiau cited projections that cross-border business-to-business stablecoin payments could reach $5 trillion by 2035. Other payment infrastructure companies are also raising capital for similar markets, with Fin.com securing $20 million in seed funding in September to develop stablecoin payment services across South Asia, Africa and the Middle East. The investment comes alongside Tether's separate backing of EFY Finance in Latin America and previous investment in LemFi in May 2026 to support USDT settlement for remittances.
The investment follows significant cryptocurrency adoption across emerging markets, with Chainalysis reporting nearly USD 1.5 trillion in cryptocurrency transaction volume between July 2022 and June 2025. As reported by Chainalysis, stablecoins account for more than half of cryptocurrency purchases on exchanges, reflecting their use for payments, savings and exposure to the U.S. dollar. The GENIUS Act, which established federal rules for stablecoin issuers including Tether, was signed into law on July 18, 2025, with Hines supporting a 36-month compliance period for foreign stablecoin issuers. The legislation contained provisions allowing foreign stablecoin issuers to operate under approved regulatory jurisdictions, with restrictions on noncompliant tokens scheduled to apply in July 2028.
