Tether Leads $7 Million Series A Funding Round for Pact Labs to Boost Stablecoin USAT Expansion into Service Ecosystem

BlockBeats News, July 14th, According to official sources, Tether announced today that it has led a $7 million Series A funding round for Pact Labs, with participation from Blockchange Ventures and Lasagna.

This investment will support Pact Labs' development to establish itself as a key infrastructure provider for USAT in areas such as salary payments, wage advance, credit, and everyday transactions.