Tether’s Pact Labs Round Shows Stablecoin Issuers Are Still BuildingCompliance Rails is a useful reminder that crypto coverage is not only about token prices ...TL;DR ... The round is tied to support for USAT stablecoin adoption and compliance tooling ... .
Tether led a $7 million Series A round in Pact Labs to drive adoption of USAT, its stablecoin designed for the U.S ... Pact Labs will act as an infrastructure provider for clients seeking to use USAT in payroll, credit, and payment operations.