Tether’s $15 million funding for Mural backs AI payment controls

Mural secured a $15 million Series A funding round led by Tether, with the capital supporting infrastructure designed to let businesses grant AI agents permission to transfer funds within set boundaries. The financing expands the stablecoin issuer’s investment in payment technology beyond stablecoin issuance. According to Mural’s announcement on October 20, 2026, North Island Ventures joined existing backers in participating in the round, which lifts the New York-based firm’s cumulative funding to $28 million . The company intends to put the money toward growing internationally and enhancing its banking, payment and compliance offerings. Mural was launched in 2022 by Sinclair Toffa and Chris Fernandes, both previously engineers at Palantir, and it provides fintechs and other platforms with infrastructure covering payments, account administration, identity verification and compliance needs spanning both conventional…

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