Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption
“Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations," says Tether USAT.
Watchlist
Archive context. The story has cross-source confirmation.
“Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations," says Tether USAT.
Why this matters
Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
On-chain data shows $50 million at risk as Tether’s Alloy shutdown deadline boils down to 5 forgotten gold vaults
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed by Tether Gold collateral. Start...
BitGo discusses stablecoin adoption at Bolivia Crypto Experience Summit
Stablecoin adoption in Bolivia signifies a shift towards faster, more efficient transactions, potentially transforming regional co...
Russia proposes exchange trading of Bitcoin, Ether and Tether’s USDT
Russia’s central bank proposed allowing Bitcoin, Ether and USDT to trade on regulated exchanges, following a law signed by Preside...
Strategy Boosts Cash Reserve As Bitcoin Treasury Model Gets More Complex
Strategy has added $650 million to its USD reserve and repurchased $109 million of STRC preferred stock, showing again that the co...
Russia approves Bitcoin, Ethereum, USDT for retail trading, excludes XRP
Russia's crypto approval may boost Bitcoin, Ethereum, and USDT adoption, while XRP's exclusion highlights regulatory hurdles and m...
Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
Strategy said it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a source of balance-sheet flexibility...