Tether Leads $7M Series A for Pact Labs to Build USAT Payment Rails

PACT22.69%
USAT0.01%
Tether has led a $7 million Series A funding round in Pact Labs, aimed at building payment infrastructure for USAT, its stablecoin designed for the U.S. market. Blockchange Ventures and Lasagna also participated in the round. The investment will support Pact Labs' development as a core infrastructure provider for USAT across payroll, earned wage access, credit, and everyday payments.
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