Tether Leads $7 Million Pact Labs Round to Push USAT Into Payroll

Tether led a $7 million Series A in Pact Labs, joined by Blockchange Ventures and Lasagna. Pact Labs is intended to provide infrastructure for Tether-linked USAT across payroll, earned-wage access, credit and payments. USAT is issued by Anchorage Digital Bank, while Tether is using the investment to seek high-frequency U.S. adoption beyond crypto trading.