According to Odaily, stablecoin payment platform PEXX has successfully raised $4.5 million in a seed funding round. The round was led by TNB Aura, with participation from early-stage venture capital firm Antler, Filecoin early supporter EMO Capital, and other venture capital and cryptocurrency investors. PEXX's platform enables users holding Tether (USDT) and Circle (USDC) stablecoins to transfer their assets directly into bank accounts. This service aims to facilitate cross-border transactions for individuals and businesses without the need for intermediary institutions or bank accounts.
0
Replies 1