Stablecoin platform VelaFi secures $20M to scale cross-border settlement rails
Stablecoin platform VelaFi has raised $20 million in funding to enhance its cross-border settlement capabilities. The investment aims to improve the efficiency and speed of international transactions using stablecoins. VelaFi's technology focuses on providing a seamless experience for users in the global financial ecosystem. The funding will support the expansion of its services and infrastructure to better serve clients and partners. This move highlights the growing interest in stablecoins for facilitating cross-border payments.
Read the full article: Coin Telegraph