Tether Invests in Crypto Startup Powering Stablecoin Use via Bitcoin Lightning Network
Yahoo Finance·2025-12-17 03:51

Prominent stablecoin issuer Tether has announced a strategic investment in Speed, a payments infrastructure firm utilizing the Bitcoin Lightning Network and stablecoins for instant global settlements. Tether said Tuesday that it co-led Speed's 8millionfundingroundalongsideEgoDeathCapital.ViaproductslikeSpeedWalletandSpeedMerchant,TethersaidthatSpeedcurrentlyprocessesover8 million funding round alongside Ego Death Capital. Via products like Speed Wallet and Speed Merchant, Tether said that Speed currently processes over 1.5 billion in annual payment volume, serving 1.2 million users and businesses. The platform offers instant payme ...