Fuze, Mamun to Offer USDT Sharia Trade Finance in MENA
The post Fuze, Mamun to Offer USDT Sharia Trade Finance in MENA appeared on BitcoinEthereumNews.com.
The companies have signed a strategic Memorandum of Understanding (MoU) to enable investment in trade finance through stablecoins, specifically USDT (Tether) MENA region has a trade credit gap of approximately $250 billion and over $1 trillion globally With this partnership, SMEs should now have access to capital from a broader investor base Abu Dhabi-based Fuze, a regulated digital assets infrastructure provider, and Mamun, a Sharia-compliant alternative finance and investment platform headquartered in Oman, have signed a strategic Memorandum of Understanding (MoU) to enable investment in trade finance through stablecoins, specifically USDT (Tether). This partnership allows both retail and institutional investors to participate in short-term, Sharia-compliant trade financing using USDT. Businesses will receive fiat financing in local currency for supplier payments and cross-border trade, opening up access to new forms of financing. Bridging the $250B MENA Trade Credit Gap for SMEs The collaboration should help address the trade credit gap since the MENA region has a gap of approximately $250 billion, and over $1 trillion globally. Small and medium-sized enterprises (SMEs) are hit the most with this issue, as they’re being particularly underserved and underbanked by traditional financial institutions. With this partnership, SMEs should now have access to capital from a broader investor base. The collaboration stands out as an early regional effort to integrate regulated digital asset systems with established private credit markets. Fuze and Mamun Founded in 2022, Fuze is a full-stack digital assets infrastructure platform enabling businesses in the MENA region to integrate embedded crypto experiences for their customers through API infrastructure in a regulatory and compliant manner. On the other hand, Mamun was founded in 2019, and the platform connects businesses in need of fast, short-term trade financing with a growing community of investors seeking rewarding, Sharia-compliant opportunities to grow their wealth. C-level executives from both companies…
Filed under: News - @ June 2, 2025 6:27 pm