Pact Labs: Tether Backs Startup to Put Digital Dollars in Every American Paycheck
By Amit Chowdhry ● Jul 15, 2026
Pact Labs announced its Series A financing, anchored by a strategic investment from Tether, the world's largest company in the digital asset ecosystem, with participation from Blockchange Ventures and Lasagna. The $7 million round will accelerate the buildout of infrastructure bringing USA₮, a U.S. dollar-backed stablecoin issued by Anchorage Digital Bank, N.A. that Tether has collaborated to launch, to payroll, earned wage access, credit, and payments for millions of American workers.