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Tether aims to bring stablecoins and payments to Bitcoin with investment in Ark Labs

Tether's $5.2 million investment helps Ark Labs develop Arkade, enabling programmable payments and faster settlements for stablecoins on Bitcoin's network.

  • On March 12, 2026, Ark Labs announced a $5.2M seed round in Lugano, with Tether investing to bring programmable payments to the Bitcoin network.
  • As it moves beyond core stablecoin business, Tether aims to boost USDT use on Bitcoin and said the funding will help expand infrastructure for stablecoins and programmable payments.
  • Arkade, Ark Labs' execution layer, has been live since October 2025 with partners building payments and lending, lifting Ark Labs' institutional backing beyond $7.7M.
  • Tether's backing will accelerate partners building payments and lending on Bitcoin, while Ark Labs positions itself to power onchain finance for fintechs, brokerages, asset managers, and payment companies.
  • Extending Bitcoin into a platform for programmable money positions Arkade for broader financial use as stablecoins often move on Ethereum or Tron, so enabling them on Bitcoin would shift token flows, Marco Argentieri said 'Arkade aims to change that'.
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Tether announces its arrival on Arkade, a layer 2 of Bitcoin. The USDT issuer has invested in Ark Labs in order to support the development of an infrastructure allowing to emit and use stablecoins on Bitcoin. This initiative accompanies the launch of Arkade Assets, a protocol dedicated to fungible tokens. The Stablecoins article on Bitcoin: Tether announces its arrival on Layer 2 Arkade appeared first on Cryptoast.

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PR Newswire broke the news in United States on Thursday, March 12, 2026.
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