Stablecoin payment infrastructure Pact Labs completes $7 million Series A funding, led by Tether

Odaily Planet Daily News: Stablecoin payment infrastructure Pact Labs announced the completion of a $7 million Series A funding round, led by Tether, with participation from Blockchange Ventures and Lasagna. The new funds will be used to accelerate infrastructure development, enabling USAT to provide payroll, wage withdrawal, credit, and payment services to millions of American workers. USAT is a US dollar stablecoin issued by Tether in collaboration with Anchorage Digital Bank. (Prnewswire)