Tether Leads $7M Series A in Pact Labs for USA₮ Payroll

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Tether announced Tuesday it led a $7 million Series A funding round in Pact Labs, a financial infrastructure startup. This investment aims to expand the use of the USA₮ stablecoin across payroll and payments. The company did not disclose other participants or Pact Labs’ valuation. This round is part of Tether’s broader strategy to route USA₮ toward real-world payment flows rather than crypto trading alone, following investments of $200 million in Whop and $16 million in Transak this year.

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Telemac
Telemachttp://cryptoinfo.ch
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