Velocity Raises $38 Million for Enterprise Stablecoin Treasury Infrastructure
Velocity has raised $38 million in Series A funding to expand infrastructure connecting stablecoin networks with banking, custody, treasury, and settlement systems.
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
Velocity has raised $38 million in Series A funding to expand infrastructure connecting stablecoin networks with banking, custody, treasury, and settlement systems.
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