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.

Market Opportunity
Boost Logo
Boost Price(BOOST)
$0.003945
$0.003945$0.003945
-5.28%
USD
Boost (BOOST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USD/CAD rises above 1.3750 after rebounding from three-month lows

USD/CAD rises above 1.3750 after rebounding from three-month lows

The post USD/CAD rises above 1.3750 after rebounding from three-month lows appeared on BitcoinEthereumNews.com. USD/CAD rebounds from a three-month low of 1.3730
Share
BitcoinEthereumNews2025/12/17 11:25
Bitwise Forecasts Bullish 2026 for Crypto: Bitcoin to Hit New All-Time Highs, ETF Demand to Surge, Institutional Adoption to Deepen

Bitwise Forecasts Bullish 2026 for Crypto: Bitcoin to Hit New All-Time Highs, ETF Demand to Surge, Institutional Adoption to Deepen

Cryptocurrency asset manager Bitwise has released an optimistic forecast for 2026, painting a picture of comprehensive strength across digital assets. The firm predicts Bitcoin will reach new all-time highs, ETF demand will surge dramatically, crypto-related equities will outperform traditional markets, and institutional adoption will deepen across various market segments.
Share
MEXC NEWS2025/12/17 12:59
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
BitcoinEthereumNews2025/09/18 07:10