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

CN
3 hours ago

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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