Tether Leads $7 Million Series A Funding Round in Pact Labs to Expand USA₮ into Payroll and Payments

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-14
Category: business
Source: Cryptobriefing

Tether has led a $7 million Series A funding round in Pact Labs, a firm that connects fintech services with blockchain-based liquidity. This strategic investment aims to scale USA₮, Tether's federally regulated dollar-backed stablecoin, for use in payroll, payments, and asset-based lending within the American market.

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