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Stablecoin payment infrastructure Pact Labs completes a $7 million Series A round, with Tether leading the investment

金色财经_
Golden Finance reports that stablecoin payment infrastructure provider Pact Labs has announced the completion of a $7 million Series A funding round, led by Tether, with Blockchange Ventures and Lasagna participating. The new funds will be used to accelerate the development of its infrastructure, enabling USAT to provide millions of U.S. workers with wage payments, paycheck cash-outs, credit, and payment services. USAT is a USD stablecoin issued by Tether in collaboration with Anchorage Digital Bank.
USAT0.01%
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