Crypto news flash, Wu said he learned that Tether announced a $7 million Series A round led for financial infrastructure company Pact Labs, with Blockchange Ventures and Lasagna also investing. The funding will be used to support scenarios such as integrating usa₮ into payroll payments, enabling early withdrawal of earned wages, credit, and everyday payments. usa₮ is issued by Anchorage Digital Bank, co-launched with Tether, and is mainly aimed at the US market and designed in accordance with local regulatory requirements.
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