Tether Leads $28M Mural Funding Round / Stablecoin Infrastructure
Mural raised $28M total including a $15M Series A led by Tether, positioning itself as digital dollar payment infrastructure — part of a broader stablecoin B2B payments narrative.
What we know
An account on X highlighted Mural's $28M raise (including $15M Series A) led by Tether with participation from North Island VC, framing it as 'building the digital dollar infrastructure for the People.' The deal signals Tether's continued push beyond USDT issuance into B2B payment infrastructure. Fortune had the exclusive on the fundraise.
How the story developed
Mural raised $28M total including a $15M Series A led by Tether, positioning itself as digital dollar payment infrastructure — part of a broader stablecoin B2B payments narrative.
Amazon is taking delivery of billions in Nvidia GB300 racks it cannot yet power up, spotlighting a systemic mismatch between AI chip demand and available grid capacity. Goldman warns of repricing risk as power infrastructure lags chip deployment by years.
Tether is investing in AI chip startup Tenstorrent ($1.5B Series E, $6.2B valuation) while Paolo Ardoino champions Neura Robotics ($7B, backed by Nvidia, Amazon, Tether) — crypto's biggest stablecoin issuer is positioning itself as a major AI/robotics infrastructure backer.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.