ChainCatcher report: Stablecoin financial services platform UnblockPay has announced the completion of a $4.5 million seed round led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new funds will support the development of regulated financial products, enabling businesses to integrate stablecoins into their daily financial operations and facilitating seamless conversions between fiat currency and major stablecoins such as USDC and USDT for enterprise users.
Stablecoin financial platform UnblockPay closes $4.5M seed round led by Prelude.
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Summary
Stablecoin financial platform UnblockPay has closed a $4.5 million seed round led by Prelude, with participation from Plug and Play, Wintermute, and other investors. The funds will support the development of regulated products enabling businesses to use stablecoins in daily operations. On-chain news highlights the growing integration of stablecoins such as USDC and USDT. The platform aims to enable seamless fiat-to-stablecoin conversions and may support new token listings in the future.
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