Tether Invests $8M in Speed to Scale Lightning-Based Stablecoin Payments

Tether announced it has led an $8 million investment in Speed1, Inc., a payments infrastructure company building global settlement rails using the Bitcoin Lightning Network and stablecoins. The funding round also included participation from Ego Death Capital. The investment aligns with Tether’s broader push to expand real-world payment use cases for USDT while supporting Bitcoin-native financial infrastructure. Speed focuses on allowing instant low-cost payments by combining Lightning’s high-speed transa ...