CoinVoice has recently learned that Juicyway, a provider of cross-border payment services based on stablecoins, has announced the completion of a $3 million Pre-Seed funding round, with investments from P1 Ventures, Ventures Platform Fund, and Future Africa.
Juicyway primarily utilizes stablecoins and cryptocurrencies to simplify cross-border settlement by bypassing traditional intermediaries and 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 settlement and reducing reliance on highly volatile currencies. [Original link]
