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fromTechCrunch
3 hours ago

YC startups can now recieve investment in stablecoin | TechCrunch

YC will offer its $500,000 standard seed investment via stablecoins (Base, Solana, Ethereum) to accepted startups, improving access for founders in emerging markets.
fromFortune Crypto
3 months ago

Startup Hercle raises $10 million build out stablecoin-based global money transfersThe firm uses stablecoin technology to help payment providers and commodity traders send money around the globe. | Fortune Crypto

Gabriele Sabbatini notes that, even in an age of instant communication, moving money around the globe is often slow and expensive. That's why he started Hercle, a firm that uses stablecoin technology to make global transactions more efficient. On Wednesday, Hercle announced it has raised $10 million in an equity round led by F-Prime, a global venture capital firm. It also raised a $50 million credit facility to support global expansion. Sabbatini declined to disclose Hercle's valuation.
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