Tether co-led an $8 million funding round for Speed1, a Lightning Network payment platform processing $1.5 billion annually, to advance Bitcoin-native stablecoinTether co-led an $8 million funding round for Speed1, a Lightning Network payment platform processing $1.5 billion annually, to advance Bitcoin-native stablecoin

Tether Heads $8M Funding for Speed to Boost Lightning Stablecoin Payments

Tether has led an $8 million strategic investment in Speed1, Inc., aiming to scale Lightning-native, stablecoin-powered payments for global commerce. The move deepens Tether’s push into Bitcoin BTC $87 850 24h volatility: 2.5% Market cap: $1.75 T Vol. 24h: $52.69 B -aligned payment infrastructure, as USDT USDT $1.00 24h volatility: 0.0% Market cap: $186.29 B Vol. 24h: $81.72 B adoption on the Bitcoin Lightning network accelerates.

Tether and ego death capital co-led Speed’s $8 million funding round, announced on December 16, 2025. Speed operates payment rails built on the Bitcoin Lightning Network and stablecoins, targeting instant, low-fee settlement for consumers, creators, platforms, and enterprise merchants.

The company processes over $1.5 billion in annual payment volume through its products, serving around 1.2 million users and businesses. Its stack offers native BTC and USDT settlement, plus high-reliability global routing designed for enterprise integrations and cross-border flows, according to the announcement.

Tether framed the Speed deal as part of a broader strategy to support Bitcoin-based financial rails and expand USDT’s role in real-world payments.

CEO Paolo Ardoino said Speed demonstrates how Lightning, paired with a stable digital dollar such as USDT, can reduce friction and prepare Bitcoin-rooted networks for mainstream commerce.

Lightning Network Gains Stablecoin Momentum

Stablecoin activity on the Lightning Network has picked up since Tether confirmed plans to bring USDT to Bitcoin’s base layer and Lightning using Lightning Labs’ Taproot Assets protocol in early 2025. The integration allows USDT issuance on Bitcoin and routing over Lightning, reducing costs and settlement times for remittances, small-value payments, and cross-border transfers.

Moreover, consumer apps are adopting Lightning and stablecoins: Block’s Cash App is rolling out Lightning-enabled Bitcoin USD payments and stablecoin support, with USD balance interoperability, in November 2025.

Tether’s Recent Pushes in Payments and Infrastructure

The Speed round adds to a string of Tether investments aimed at expanding USDT’s payments footprint. In February 2025, Tether announced a strategic investment in Zengo wallet to extend stablecoin access and self-custody tools for more than 1.5 million users across Bitcoin, Ethereum ETH $2 950 24h volatility: 1.3% Market cap: $355.04 B Vol. 24h: $26.54 B , Tron, and other chains. In April, the company backed Fizen, a self-custodial payments protocol designed to enable everyday stablecoin spending without banks or third parties.

In November 2025, Tether also invested in Bitcoin-backed lender Ledn to expand credit products that keep customers in self-custody and use USDT and BTC as collateral. Separately, the firm has been developing in Latin America through Parfin to support institutional USDT settlement, tokenization, and cross-border payments.

Across these bets, Tether is strengthening its Bitcoin-compatible, multi-chain infrastructure while narrowing its focus to payments, remittances, and savings products linked to USDT. With USDT now more closely tied to Bitcoin and Lightning, and with dedicated partners like Speed building native rails, the stablecoin issuer is working to anchor dollar-denominated liquidity within the Bitcoin ecosystem rather than solely on smart contract chains.

next

The post Tether Heads $8M Funding for Speed to Boost Lightning Stablecoin Payments appeared first on Coinspeaker.

Piyasa Fırsatı
Boost Logosu
Boost Fiyatı(BOOST)
$0.003544
$0.003544$0.003544
-14.90%
USD
Boost (BOOST) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Paylaş
BitcoinEthereumNews2025/09/18 07:04
WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence

WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence

The post WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence appeared on BitcoinEthereumNews.com. James Ding Dec 16
Paylaş
BitcoinEthereumNews2025/12/17 17:32
Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc. and is based […]
Paylaş
Coinstats2025/09/18 00:32