TL;DR:
- Tether led a $7 million Series A round in Pact Labs to drive adoption of USAT, its stablecoin designed for the U.S. market.
- Blockchange Ventures and Lasagna participated in the round, which is aimed at improving payroll settlement, credit, and everyday payments using USAT.
- According to the latest attestation published, USAT’s supply surpassed $140 million in April, and its compliance is aligned with the GENIUS Act.
Tether led a $7 million Series A funding round in Pact Labs, according to a statement released by the USDT issuer. The transaction also included participation from Blockchange Ventures and Lasagna, and its central objective is to accelerate the adoption of USAT, the stablecoin the company designed specifically for the U.S. market.
Pact Labs will act as an infrastructure provider for clients seeking to use USAT in payroll, credit, and payment operations. The model aims to allow workers to receive their wages faster and enable employers to execute payments 24 hours a day, seven days a week, without relying on batch processing systems that create unnecessary delays and costs.
Tether Leads $7 Million Series A in Pact Labs to Expand USA₮ Across Payroll and Payments
Learn more: https://t.co/txzo6aZ4IA— Tether (@tether) July 14, 2026
Tether Targets the Cracks in the U.S. Labor Market
Paolo Ardoino, CEO of Tether, explained in the statement that workers in emerging markets have spent years using USDT to bridge payroll gaps amid the multiple failures of their local financial systems. “We are now bringing that same capability to the U.S. market, with USAT, because even a functional batch-processing-based system generates unnecessary costs for those who can least afford to absorb them,” Ardoino stated.
For his part, Bo Hines, CEO of Tether USAT, stated that Pact Labs provides the rails to place digital dollars directly in the hands of millions of American workers, in a way that is faster, cheaper, and free of intermediaries that slow down the process.
USAT was launched in January 2026 and was designed to comply with the GENIUS Act, the stablecoin legislation passed by Congress. Unlike USDT, the token with the largest global supply backed primarily by dollar-denominated reserves, USAT is available to customers in the United States. According to the latest attestation published by the company, USAT’s supply surpassed $140 million in April 2026, demonstrating that it achieved significant early adoption since its launch.
