MANSA, a startup specializing in providing liquidity with stablecoins for cross-border payments, has successfully raised $10 million, with Tether as the main investor. This is an important step for MANSA to expand its operations into Latin America and Southeast Asia, two regions facing many challenges in international money transfers.

Who is MANSA and What Problem Do They Solve?

#Mansa operates as an on-chain liquidity provider, using the stablecoin USDT to help businesses make international payments quickly and cost-effectively. Currently, cross-border transactions still heavily rely on traditional banking systems, which are slow and inefficient.

With MANSA, businesses can:
✅ Advance for international transactions without collateral – enabling companies to access capital more easily.
✅ Process payments instantly, instead of waiting several days like traditional bank transfers.
✅ Save costs compared to conventional financial solutions.

Instead of requiring collateral assets like traditional financial companies, MANSA uses real-time transaction data to assess credit risk and provide flexible funding. The company also connects with DeFi platforms, investment funds, and hedge funds to expand its funding capabilities for customers.

Tether Leads Investment Round, Making USDT the Main Stablecoin in Payments

In this funding round, #Tether invested $3 million, leading the pre-seed round, along with participation from investment funds such as Polymorphic Capital, Faculty Group, Octerra Capital, and Trive Digital. Additionally, MANSA received another $7 million from other organizations in the form of liquidity grants.

According to MANSA's CEO Mouloukou Sanoh, the company's goal is to help cross-border payments transition to blockchain and leverage on-chain liquidity to optimize transactions. USDT was chosen as the main stablecoin to serve emerging markets, where the banking system has not met the demand for international payments.

Tether CEO Paolo Ardoino also emphasized:
"MANSA is addressing one of the biggest issues in finance – liquidity for international payments. We believe that USDT will play a crucial role in realizing this vision."

MANSA is Rapidly Developing

Data from Dune Analytics shows that MANSA has processed over $30 million in transactions since its launch. The company is also expanding its team, recruiting top financial experts from HSBC and Franklin Templeton to ensure compliance with financial regulations.

Tether is Strongly Investing in Various Fields

Tether not only invests in MANSA but also heavily funds many other fields, including:
💰 Northern Data (Bitcoin mining company) – over $1 billion
📺 Rumble (online video platform) – $775 million
🏥 Blackrock Neuro (health services) – $200 million
🌾 Adecoagro (agriculture) – $1.24 billion
⚽ Juventus Club

Additionally, Tether Investment plans to invest $5 billion in the commodities market by 2026 to generate profits from interest rates.

Conclusion

MANSA is at the forefront of applying stablecoins in cross-border payments, with strong backing from Tether. If this model succeeds, #USDT could become the standard stablecoin for global businesses, replacing many traditional payment methods. 🚀