Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Tether leads $8 million investment in Speed Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Tether leads $8 million investment in Speed

Tether leads $8 million investment in Speed to push USDT further into everyday payments

Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Tether leads $8 million investment in Speed to push USDT further into everyday payments


Using the Bitcoin's Lightning Network and Tether's USDT, Speed handles $1.5 billion in annual payments and serves 1.2 million users.

By Francisco Rodrigues, AI Boost|Edited by Stephen Alpher
Dec 16, 2025, 4:17 p.m.
Tether (CoinDesk)

What to know:

  • Tether invested $8 million in Speed, a payments company that combines Bitcoin's Lightning Network with stablecoin settlement.
  • Speed handles $1.5 billion in annual payments and serves 1.2 million users, using Lightning and USDT .
  • The investment supports Tether's efforts to expand USDT's use cases and strengthen Bitcoin-aligned infrastructure, with CEO Paolo Ardoino highlighting the potential of Lightning and stablecoins.

Stablecoin giant Tether led an $8 million strategic investment in Speed, a payments infrastructure company that blends Bitcoin’s Lightning Network with stablecoin settlement to move money in real time.

Speed processes more than $1.5 billion in annual payment volume and serves about 1.2 million users and businesses through its wallet and merchant products, Tether said in a press release.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Speed’s system routes payments over Lightning for its quickness, while allowing settlement in USDT for users who want predictable values.

Tether said the investment supports its effort to strengthen Bitcoin-aligned financial infrastructure and expand how USDT is used outside of trading. CEO Paolo Ardoino described Speed as evidence that Lightning networks can handle real commerce when paired with a stable digital dollar.

“Crypto has lived in the world of speculation for too long," Speed CEO Niraj Patel said. "Speed is making it usable — instantly, globally, and at scale. Lightning gives us speed; stablecoins give us universal access; our infrastructure brings it all together for consumers, creators, and merchants."

The deal comes as Tether continues to use its large profits to aggressively invest across a variety of industries. Among these are a majority stake in Latin American agricultural firm Adecoagro (AGRO), a privacy-focused health app, a stake in video-sharing platform Rumble (RUM).

The company reported more than $10 billion in profit during the first nine months of the year, driven largely by interest on U.S. Treasury holdings that back USDT.

TetherLightningUSDTpayments
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Most Influential: Peter Schiff

Peter Schiff, the outspoken gold advocate and notorious bitcoin critic, has been vindicated by the market’s performance, cementing his stance after years of skepticism towards digital assets.

Read full story
Latest Crypto News

U.S. FDIC proposes first U.S. stablecoin rule to emerge from GENIUS Act

Bitcoin bounces from Monday's worst levels, but sub-$80,000 may come next, analyst says

CoreWeave collapse sparks fears of cracks in AI infrastructure boom

Brazil to test blockchain in state real estate auction to reduce fraud, disputes

Most Influential: Peter Schiff

Most Influential: Jerome Powell

Top Stories

Bitcoin bounces from Monday's worst levels, but sub-$80,000 may come next, analyst says

U.S. added 64,000 jobs in November, with unemployment rate jumping to four-year high of 4.6%

U.S. FDIC proposes first U.S. stablecoin rule to emerge from GENIUS Act

Bulls beware — BofA Fund Manager Survey flashing contrarian sell signal

Visa brings Circle's USDC settlement to U.S. banks following $3.5 billion stablecoin pilot

KindlyMD faces Nasdaq delisting risk after failing to meet minimum share price levels

Market Opportunity
EPNS Logo
EPNS Price(PUSH)
$0.01496
$0.01496$0.01496
-2.03%
USD
EPNS (PUSH) 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

Solana Faces Massive DDoS Attack Without Performance Issues

Solana Faces Massive DDoS Attack Without Performance Issues

Solana successfully countered a major DDoS attack without affecting users. The network maintained transaction confirmation times around 450 milliseconds. Continue
Share
Coinstats2025/12/17 13:08
A ‘Star Wars’ Actor Rewrites The Entire New Trilogy They Starred In

A ‘Star Wars’ Actor Rewrites The Entire New Trilogy They Starred In

The post A ‘Star Wars’ Actor Rewrites The Entire New Trilogy They Starred In appeared on BitcoinEthereumNews.com. It feels like we don’t hear all that much from actor John Boyega that much, outside of when he’s talking about Star Wars as of late. And in a recent Popverse interview, he went so far as to rework the entire trilogy, in terms of what he’d do differently, as he’s been vocal about what he believed went wrong with the original. Here’s what he said: “It would be mad. First of all, we’re not getting rid of Han Solo, Luke Skywalker, all these people. We’re not doing that. The first thing we’re going to do is fulfill their story, fulfill their legacy. We’re going to make a good moment of handing on the baton.” “Luke Skywalker wouldn’t be disappearing on a rock … Hell no. Standing there and he’s, like, a projector? I would want to give those characters way more way more” By the end of the trilogy, all three major Star Wars leads are dead. Han Solo killed by his son, Kylo Ren. Luke Skywalker fading into the ether after force projecting himself to face Kylo Ren. Leia had to be written off due to the tragic death of Carrie Fisher during the production of the trilogy. So Boyega would halt at least the first two deaths, as it did come off as strange that “passing the baton” was mainly killing all the big characters. He continues: “Our new characters will not be overpowered in these movies. They won’t just grab stuff and know what to do with it… No. You’ve got to struggle like every other character in this franchise.” This is likely a reference to both Rey and himself. Rey was frequently criticized as a “Mary Sue,” possessing immense power and skill in everything from flying to fighting to the force despite growing up as…
Share
BitcoinEthereumNews2025/09/25 02:37
Discover Mono Protocol: The $2M-Backed Project Built to Simplify Development, Launch Faster, and Monetize Every Transaction

Discover Mono Protocol: The $2M-Backed Project Built to Simplify Development, Launch Faster, and Monetize Every Transaction

Developing in Web3 has often meant navigating fragmented systems, high transaction costs, and complex cross-chain infrastructure. Mono Protocol introduces a new approach that brings clarity and efficiency to this landscape. It focuses on three powerful outcomes: simplify development, launch faster, and monetize every transaction.  By unifying balances, streamlining execution, and integrating monetization at the core, […]
Share
Cryptopolitan2025/09/18 21:28