According to Odaily Planet Daily, the stablecoin payment platform PEXX announced the completion of a $4.5 million seed round of financing, led by TNB Aura, with participation from early venture capital firm Antler, Filecoin early supporter EMO Capital, and other venture capital and cryptocurrency investors.
It is reported that PEXX's payment platform allows users holding Tether (USDT) and Circle (USDC) stablecoins to transfer their assets directly into bank accounts, helping individuals and businesses to trade across borders without the need for intermediaries or bank accounts.
