Wu Says learned that Tether announced it will lead a $7 million Series A round for financial infrastructure company Pact Labs, with Blockchange Ventures and Lasagna participating. The funds will be used to support use cases such as enabling USA₮ for payroll, allowing earned wages to be withdrawn early, credit, and everyday payments. USA₮ is issued by Anchorage Digital Bank and co-developed with Tether. It is mainly targeted at the U.S. market and designed in accordance with local regulatory requirements.