According to Tether CEO Paolo Ardoino, Tether is leading Pact Labs' $7 million Series A investment to expand stablecoin adoption into payroll and real-time payments through USA₮. The strategy targets the U.S. payroll system, which processes more than $11 trillion annually but still faces delays in wage settlement access.
Ardoino stated the move confirms transaction data showing "demand for dollar-denominated settlement is a wages story." Rather than competing for trading volume, Tether is pursuing recurring payment flows to generate consistent stablecoin demand, marking a structural expansion of stablecoin utility beyond speculative markets.