POPA ReconTether Invests $7M in Pact Labs to Bring USAT to U.S. Payroll
Tether Invests $7M in Pact Labs to Bring USAT to U.S. Payroll Tether has led a $7 million Series A round in Pact Labs, joined by Blockchange Ventures and Lasagna, to expand USA₮ across payroll, earned wage access, credit, and everyday payments. Pact Labs' infrastructure will enable businesses to integrate digital wallets, process real-time payroll, and offer financial services without relying on legacy payment rails. The move aims to bring USA₮, Tether's U.S.-focused dollar-backed stablecoin, into one of the country's largest financial markets, where over $11 trillion in payroll is processed…
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