{"id":176953,"date":"2025-10-23T20:00:09","date_gmt":"2025-10-23T17:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=176953"},"modified":"2025-10-23T19:18:12","modified_gmt":"2025-10-23T16:18:12","slug":"176953-2","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/hte-worlds-first-programmable-bank-is-here-and-its-backed-by-tether\/","title":{"rendered":"The World\u2019s First \u201cProgrammable Bank\u201d Is Here – And It\u2019s Backed by Tether"},"content":{"rendered":"

The funds will help<\/a><\/strong> Pave Bank expand globally, develop new products, and strengthen its regulatory and technical foundation.
\nAs of the CEO and co-founder Salim Dhanani, the world\u2019s financial landscape is shifting toward regulated onchain systems, and institutions now need a secure bridge connecting traditional finance with the digital frontier.<\/p>\n

He described Pave Bank as a multi-asset platform designed to blend the trust and oversight of conventional banking with the efficiency and innovation of blockchain and AI technologies.<\/p>\n

Licensed in Georgia, Pave Bank targets corporate and institutional clients who operate in both fiat and digital asset environments. The newly raised capital will go toward growing its international presence, enhancing institutional-grade infrastructure, and expanding its service network across markets.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
\n

<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Tether\u2019s participation in the round aligns with its broader investment strategy. Profiting heavily from its stablecoin operations, Tether has diversified into sectors such as payments, renewable energy, Bitcoin, agriculture, artificial intelligence, and tokenization. The Series A was led by venture firm Accel, with contributions from Wintermute, Quona Capital, and Helios Digital Ventures.<\/p>\n

Quona Capital\u2019s managing partner, Ganesh Rengaswamy, highlighted that Pave\u2019s full-reserve, programmable model merges traditional banking safeguards with digital asset capabilities. He added that such innovation could encourage wider stablecoin adoption and promote greater financial inclusion across global markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tether Investments has joined a $39 million Series A funding round for Pave Bank – a new financial institution positioning itself as the first \u201cprogrammable bank\u201d built for the era of digital assets and artificial intelligence.<\/p>\n","protected":false},"author":9,"featured_media":50377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[72,71],"coin_category":[],"class_list":["post-176953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-bitcoin","tag-stablecoin"],"acf":[],"yoast_head":"\nThe World\u2019s First \u201cProgrammable Bank\u201d Is Here - And It\u2019s Backed by Tether<\/title>\n<meta name=\"description\" content=\"Tether Investments has joined a $39 million Series A funding round for Pave Bank - a new financial institution positioning...\" \/>\n<meta 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