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Tether Invests $8 Million in Speed to Advance Lightning Network Payments

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bitcoin.com
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3 months ago
AI summarizes in 5 seconds.

Tether announced on December 16, 2025, a strategic $8 million investment in Speed1, Inc., a payments infrastructure company leveraging the Lightning Network and stablecoins. The funding round, co-led with ego death capital, aims to enhance global settlement capabilities using instant, low-fee payment technologies.

Speed currently processes over $1.5 billion in annual payment volume, serving 1.2 million users and businesses through its Speed Wallet and Speed Merchant platforms. The investment supports Tether’s strategy to strengthen Bitcoin-aligned financial infrastructure and expand USDT’s utility in real-world payment environments.

Read More: Galaxy Digital’s Head of Research Says Tether’s Global Reach Is Underestimated

• How much did Tether invest in Speed? $8 million in a strategic funding round.

• What is Speed’s current payment volume? Over $1.5 billion annually across various user segments.

• What technologies does Speed use? Lightning Network and USDT stablecoins for instant global payments.

• Who are the key investors? Tether and ego death capital led the funding round.

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