PANews, December 19 news, cross-border payment service provider Juicyway, based on stablecoins, announced the completion of a $3 million Pre-Seed round of financing, with investments from P1 Ventures, Ventures Platform Fund, and Future Africa. Juicyway primarily utilizes stablecoins and cryptocurrencies to simplify cross-border settlements by bypassing traditional intermediaries, thereby reducing transaction delays. The new funds are intended to support its provision of accessible quasi-banking and crypto wallet services, enabling seamless deposit and withdrawal services with stablecoins acting as a bridge, promoting instant settlements and reducing reliance on highly volatile currencies.