Tether Invests $9 Million in AI Startup Alsa
Tether has invested in Alsa, a startup developing autonomous payment infrastructure for AI agents. Alsa's total funding has exceeded $9 million, and the investment is analyzed as targeting a market where AI utilizes necessary data and software without human intervention to make payments. Tether Capital has made a strategic investment in Alsa, and this round saw Tether and Hyven participating as new investors. Alsa is developing an integrated platform that allows AI agents to search for and pay for external data, APIs, and software tools. Payments can be processed in fiat currency or stablecoins, and companies can set access permissions, budgets, and spending limits for each agent. Alsa is also conducting pilot projects for businesses in the fields of financial information analysis, market research, and supply chain management. Tether is expanding its investment scope into various fields, including AI and robotics, and has stated that the Alsa platform supports over 250,000 AI agents and has processed more than 100 million transactions.
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