Stablecoin payment platform PEXX completes $4.50 million seed round, led by TNB Aura
2024-07-16 14:00:46
Stablecoin payments platform pexx announced completed $4.5 milliondesk3cryptocurrencydesktopCrypto News
PEXX, a stablecoin payment platform, announced the completion of a $4.50 million seed round, led by TNB Aura, with participation from early-stage venture capital firm Antler, Filecoin early backer EMO Capital, and other venture capital and cryptocurrency investors. PEXX's payment platform allows users of Tether (USDT) and Circle (USDC) stablecoins to transfer their assets directly into global bank accounts, enabling individuals and businesses to transfer value across borders without intermediaries or bank accounts. The new funds will be used to fuel the development of the company's stablecoin-to-fiat currency payment platform.
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