Tether: Leads $7M Series A in Pact Labs for USAT Payroll
Tether leads $7 million Series A in Pact Labs to expand USA₮ across payroll and payments, boosting stablecoin adoption in enterprise finance.
SourceAnalysis
Tether led a $7 million Series A in Pact Labs to push USA₮ deeper into payroll and payments infrastructure. The round accelerates enterprise use of the stablecoin after steady adoption gains over the past year. Pact Labs will leverage the capital to integrate USA₮ into salary disbursement and vendor settlement flows, targeting sectors that demand fast, low-cost dollar rails.
Paolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,