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Home / Crypto News / Tether backs Saber Money for Asia-Pacific and Gulf payments expansion
Laptop and smartphone showing a cross-border stablecoin payment transfer in an office at dusk
Crypto News

Tether backs Saber Money for Asia-Pacific and Gulf payments expansion

Jackson Miller · ·4 min read
In this article5 sections
  1. 01Key facts
  2. 02Business payments and existing corridors
  3. 03Investor rationale and existing backers
  4. 04Why it matters
  5. 05What to watch

Saber Money, a company that routes cross-border payments in stablecoins, has taken investment from Tether and from CMCC Global’s Titan Fund, according to Ambcrypto. The company announced the funding on Oct. 14, 2026, without stating how much it raised or what stake either backer received. Saber said the capital will go toward expansion in Asia-Pacific and the Gulf, including local licenses and banking relationships.

Crypto.news reported that the money will also support payment products aimed at businesses in emerging markets. Neither outlet identified the size of the round or a valuation attached to it.

Also read: Anchorage Digital Reportedly Cuts 17% of Staff After Tether Deal

Key facts

  • Saber announced funding from Tether and CMCC Global’s Titan Fund on Oct. 14, 2026, without disclosing the amount or ownership stakes.
  • The company reported payment volumes grew more than sixfold over the past nine months.
  • Saber said it processes billions of dollars in payments across more than 40 countries, and that more than 90% of its payments clear in under one minute.
  • Saber holds licenses, registrations and authorizations in Canada, the European Union, India and Australia, according to Crypto.news.
  • Its corporate group operates Mudrex, an Indian cryptocurrency exchange.

Business payments and existing corridors

Saber operates infrastructure that lets financial institutions, fintechs and companies move funds internationally using stablecoins, covering remittances, payroll and other business payments through application programming interfaces, Crypto.news reported. The company said it will also strengthen routes it already runs.

Part of the plan involves gaining direct access to local banking networks. Saber intends to build services for companies paying overseas suppliers, managing treasury operations and moving working capital between countries. Its systems already process transfers around the clock, including outside conventional banking hours.

Also read: Tether Signs Kazakhstan MoU for Tenge Stablecoin Study

The payment figures cited above come from Saber itself. Neither report gives an exact volume total, a market-by-market breakdown or an average transaction size, and the company has not explained how it measures processing time.

Investor rationale and existing backers

Tether CEO Paolo Ardoino described emerging markets as an important area for stablecoin payment adoption, pointing to Saber’s regulatory standing and access to financial systems in Asia and the Middle East. He said stablecoin settlement could change the cost structure of international payments, particularly for businesses that rely on several intermediaries.

Titan Fund co-founder and managing partner Shiau Sin Yen cited Asia’s role in remittances, saying the region contributes roughly 53% of global remittance flows. Shiau referenced projections that cross-border business-to-business stablecoin payments could reach $5 trillion by 2035; the announcement did not identify the research behind that figure.

Saber also counts Y Combinator and Nexus Ventures among its investors. The Tether funding follows a separate Oct. 13 investment in EFY Finance, a Latin American fintech serving 17 countries. Tether put money into LemFi in May 2026 to support USDT settlement for remittances between developed economies and markets in Africa and Asia.

Why it matters

The investment puts the largest stablecoin issuer behind another company trying to turn stablecoin transfers into everyday business payments. For companies paying suppliers abroad, the practical test is whether a service delivers funds in the right currency and location, which depends on conversion, local banking access and compliance checks as much as on the stablecoin transfer itself.

Local currency settlement remains a sticking point across the sector. In August, Gravity Team CEO Mārtiņš Beņķītis said stablecoin transfers could finish in seconds, but converting into local currencies still required banking connections and sufficient liquidity in each market. Saber’s expansion depends on completing licenses and banking tie-ups, not just on funding.

Crypto.news reported that Asia accounts for roughly 35% of global payment flows, citing figures in Saber’s announcement, and that the UAE recorded about AED 188 billion in outbound remittances in 2025. The outlets differ in emphasis: Ambcrypto framed the raise as support for licenses, banking partnerships and business payments, while Crypto.news added detail on Saber’s existing licenses, its Mudrex affiliation and comparable deals in the sector.

What to watch

Saber has not named the countries it will enter next, the licenses it will apply for or a timeline for its business payment products. Completed approvals, new corridors and measured customer outcomes will show whether the backing translates into wider access or lower costs.

Reported by ambcrypto.com.

Sources: AMBCrypto, Crypto.news

Staff writer

Jackson Miller covers Bitcoin and cryptocurrency markets for CoinPulseHQ, tracking price movements and on-chain trends.