Standard Economics Secures $9M Seed Funding to Expand Uno App

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According to Coincu, Standard Economics, a stablecoin payment startup, secured $9 million in seed funding led by Paradigm to expand its Uno app, initially launched in Mexico on October 28. The funding aims to scale the app into global cross-border remittances, targeting unbanked populations through regulated stablecoins. The company plans to roll out the app in Latin America and Asia, with Paradigm and Lightspeed among the investors. CEO Evan Jones emphasized the app's global accessibility and ease of use for those overlooked by traditional finance.

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