Tether strategic investment in Parfin accelerates Latin America expansion: Rayls airdrop opens on November 24

November 20, 2025, the global stablecoin giant Tether announced a strategic investment in Latin America’s digital asset infrastructure platform Parfin, aiming to promote the application of USDT in enterprise-level settlement and real-world asset (RWA) tokenization. This collaboration coincides with the rapid growth of the cryptocurrency market in Latin America. According to Chainalysis’ 2025 report, the region’s annual cryptocurrency trading volume approaches $1.5 trillion, making it one of the most dynamic digital asset markets globally.

Tether’s investment will strengthen USDT’s central role in institutional cross-border payments, credit markets, and high-liquidity settlements. Additionally, Parfin’s Rayls blockchain will open for airdrop claims on November 24.

Tether’s Investment Blueprint: From Stablecoins to Institutional Financial Infrastructure

This strategic investment in Parfin marks Tether’s transformation from a simple stablecoin issuer to a comprehensive provider of digital financial infrastructure. According to the announcement, the core goal is to accelerate USDT’s adoption in enterprise use cases across Latin America and to build a blockchain-based settlement network. This move is not isolated but part of Tether’s long-term strategy: to establish USDT as a core settlement and liquidity asset for high-value institutional applications. Specific use cases include cross-border transactions, RWA tokenization, and interest-bearing credit markets such as trade finance receivables, commercial receivables, and credit card receivables.

Financial institutions in Latin America are increasingly interested in blockchain financial solutions, providing fertile ground for institutional adoption of USDT. Tether CEO Paolo Ardoino emphasized in a statement: “At Tether, we believe in unrestricted financial freedom globally and the application of digital assets in the real world. Strengthening the bridge between traditional finance and blockchain technology is crucial, and Parfin has demonstrated a strong commitment to this mission.” His remarks reflect Tether’s deep insights into regional markets—Latin America is becoming a global driver of blockchain innovation.

Market data shows that USDT’s price stability provides a solid foundation for its institutional role. Despite minor fluctuations over the past 12 months, USDT has remained tightly anchored to $1, trading between $0.9970 and $1.0014. Its current price is $0.9989, reflecting a slight decrease of 0.19% year-to-date, well within the historical stability norms of high-liquidity stablecoins. Daily trading volume reaches $145.5 billion, a growth of over 23% year-over-year. Its total market cap is $183.69 billion, reinforcing USDT’s position as the largest stablecoin globally and the third-largest cryptocurrency.

Parfin and Rayls: Building a Compliant Enterprise-Grade Blockchain Network

Parfin, as Latin America’s leading digital asset infrastructure provider, developed its core product, the Rayls blockchain network, as a key bridge connecting traditional finance and decentralized finance. Parfin focuses on offering secure, compliant, and scalable digital asset management tools for banks, asset managers, and other financial institutions, including custody, tokenization, trading, and enterprise-level management solutions. The company adheres strictly to regulatory standards in system design while ensuring the technical architecture can accommodate rapid growth during digital financial transformation.

Rayls is Parfin’s flagship enterprise Ethereum Virtual Machine (EVM) blockchain, utilizing a hybrid permissioned-public model. It supports private networks to meet institutional needs and can interoperate with public chains. Its architecture emphasizes privacy, scalability, and compliance. All network participants must complete KYC verification, but through advanced privacy ledger design, it ensures regulatory compliance while protecting user data. This balance makes Rayls especially suitable for CBDCs, asset tokenization, and inter-institutional trading scenarios.

Parfin CEO Marcos Viriato stated: “Parfin has positioned itself as a pioneer in building the Parfin platform and Rayls, bringing the global financial system on-chain in a secure, private, and compliant manner. Tether’s investment strengthens our mission to accelerate tokenization and integrate USDT into institutional solutions.” This statement reveals the dual value of the partnership: leveraging Tether’s global network and liquidity, and utilizing Parfin’s localized infrastructure to jointly advance Latin America’s digital financial ecosystem.

In terms of applications, Rayls has shown progress in real financial operations. For example, it has been used by the Central Bank of Brazil for its digital currency pilot project DREX, handling asset tokenization and cross-border payments. Additionally, the privacy ledger structure allows commercial banks to operate sub-ledgers while maintaining interoperability via a public “submission chain,” enabling anonymous yet verifiable transactions—designed to meet AML requirements and improve operational efficiency among institutions.

Latin America: The New Frontier of Digital Assets

The explosive growth of the digital asset market in Latin America provides a macro backdrop for the Tether-Parfin collaboration. According to Chainalysis’ 2025 geographic cryptocurrency report, the region’s annual crypto trading volume reaches nearly $1.5 trillion, making it one of the most vibrant markets worldwide. This is driven by increased institutional participation, a gradually clearer regulatory environment, and the inefficiency of traditional financial systems.

Regional economic factors also fuel crypto adoption. High inflation, currency volatility, and limited banking services prompt enterprises and individuals to seek alternative financial solutions. Inefficient and costly cross-border payments further promote the use of stablecoins like USDT in trade and remittances. Moreover, government initiatives—such as Brazil’s DREX digital currency project—offer official endorsement to blockchain technology, accelerating institutional adoption.

From a regulatory perspective, Latin American countries are adopting differentiated digital asset policies. Countries like Brazil, Mexico, and Argentina have introduced clearer frameworks allowing financial institutions to incorporate blockchain services under compliance. Such regulatory progress lowers barriers to entry for infrastructure providers like Parfin. Additionally, regional economic integration efforts, such as Mercosur’s cross-border trade agreements, further drive demand for blockchain settlement networks.

Market analysts note that Latin America’s digital asset activity is shifting from retail-led to institution-driven. Large corporations are starting to use USDT for international trade settlements, asset management firms are exploring tokenized fund issuance, and banks are testing blockchain lending platforms. The partnership between Tether and Parfin is timely, combining USDT’s liquidity with Parfin’s compliance infrastructure to unlock new use cases such as supply chain finance, tokenized bonds, and green assets.

Rayls Airdrop Details: Participation Guide and Token Distribution

The Rayls airdrop, as a key component of Parfin’s ecosystem expansion, aims to incentivize community participation and test network functionalities. The airdrop has been officially confirmed and is currently in the points accumulation phase. Participants need to complete designated tasks on the Fuul loyalty platform and Galxe task platform to earn points (RP/XP), which will directly determine the amount of RLS tokens they can receive. The Token Generation Event (TGE) is scheduled for November 24, 2025, at which point 15% of the total supply (i.e., 1.5 billion RLS) will be released into initial circulation.

Core participation methods include three main channels. First, Rayls loyalty program on Fuul allows users to connect their Web3 wallets and complete social tasks such as following X (formerly Twitter), joining Telegram or Discord groups, sharing content, etc., to earn RP points. Multiple chapters of tasks (e.g., Chapter 2 and Chapter 3) have been launched; users are encouraged to stay active to maximize points. Second, Galxe platform offers on-chain and off-chain tasks, with completed tasks earning OATs or NFTs as proof of community identity. Lastly, although the main testnet events may have concluded, the official Discord channel will post subsequent testing opportunities. Active participation may increase airdrop eligibility.

Rayls Airdrop Key Information

Airdrop Status: Confirmed, points accumulation phase

Token Name: RLS

TGE Date: November 24, 2025

Initial Circulating Supply: 1.5 billion RLS (15% of total supply)

Main Participation Platforms: Fuul and Galxe

Points Types: RP (Rayls Points) and XP

KYC Requirement: Complete verification before claiming tokens

Participants should be cautious of security risks. Only access activity pages via links from Rayls’ official website and social media channels to avoid scams and phishing. Due to Rayls being a compliant-focused public chain, users may need to complete KYC verification before claiming tokens. The points ranking system means that user activity and task completion quality will directly impact airdrop share; continuous participation and monitoring official announcements are essential.

Regarding tokenomics, RLS emphasizes long-term sustainability. According to Messari, total supply is 10 billion RLS, distributed as follows: 35% (3.5 billion) to the Rayls Foundation treasury and community, linearly released over 48 months (with 10% allocated for community incentives); 22% (2.2 billion) to investors, with a 12-month lock-up followed by linear release over 36 months; 17% (1.7 billion) to the core team, with similar lock-up terms; 15% (1.5 billion) allocated at TGE, fully unlocked upon issuance; 11% (1.1 billion) to initial developers, with similar vesting conditions. This structure aims to balance short-term liquidity and long-term network growth.