Conduit
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Conduit Raises 36 Million USD: Stablecoin Dominates Global Payments!
Conduit, the cross-border payment platform using stablecoins, has just raised 36 million USD from major funds like Dragonfly, Circle Ventures, and DCG (May 29, 2025). Processing 10 billion USD in transactions in 2024, a 16-fold increase, #Conduit is revolutionizing finance in Europe, the UK, China, Hong Kong, Mexico, Brazil, Colombia, Nigeria, Kenya, and the US!
Stablecoin Leads in Payments
Conduit integrates USDT, $USDC with networks like #SWIFT , ACH, and FedWire, enabling instant payments in USD, local currencies, or stablecoins. The project saves 60,000 hours of waiting and 55 million USD in transaction costs, combining blockchain with traditional finance, ensuring legal compliance and anti-money laundering. With 1.2 billion USD in stablecoin transactions globally each quarter (Chainalysis, 2024), Conduit competes with Visa, PayPal, Ripple, and Tether.
Attractive Investment Opportunity
The funding round strengthens Conduit's position, leveraging the proactive stablecoin legislation in the US. TradingShot forecasts stablecoins to grow by 20% in Q4/2025. With 2.5 million crypto users (Statista, 2025), Conduit opens up opportunities for DeFi and cross-border payments.
Risk Warning
Investing in stablecoins carries risks due to regulatory volatility and hacks (1.2 billion USD in losses in 2024, CertiK). Information is for reference only, investors need to conduct their own research before making investment decisions
Conduit, the cross-border payment platform using stablecoins, has just raised 36 million USD from major funds like Dragonfly, Circle Ventures, and DCG (May 29, 2025). Processing 10 billion USD in transactions in 2024, a 16-fold increase, #Conduit is revolutionizing finance in Europe, the UK, China, Hong Kong, Mexico, Brazil, Colombia, Nigeria, Kenya, and the US!
Stablecoin Leads in Payments
Conduit integrates USDT, $USDC with networks like #SWIFT , ACH, and FedWire, enabling instant payments in USD, local currencies, or stablecoins. The project saves 60,000 hours of waiting and 55 million USD in transaction costs, combining blockchain with traditional finance, ensuring legal compliance and anti-money laundering. With 1.2 billion USD in stablecoin transactions globally each quarter (Chainalysis, 2024), Conduit competes with Visa, PayPal, Ripple, and Tether.
Attractive Investment Opportunity
The funding round strengthens Conduit's position, leveraging the proactive stablecoin legislation in the US. TradingShot forecasts stablecoins to grow by 20% in Q4/2025. With 2.5 million crypto users (Statista, 2025), Conduit opens up opportunities for DeFi and cross-border payments.
Risk Warning
Investing in stablecoins carries risks due to regulatory volatility and hacks (1.2 billion USD in losses in 2024, CertiK). Information is for reference only, investors need to conduct their own research before making investment decisions
Katana Foundation introduces Katana Network, incubated by Polygon Labs and GSR
#KatanaNetwork was deployed with support from #Conduit and is a graduate of the Agglayer Breakout Program, an incubator focused on advancing high-impact projects that drive substantial activity to #Agglayer . Katana uses Agglayer as its canonical bridge and #VaultBridge for real yield, becoming the first Agglayer CDK chain to adopt the CDK OP Stack.
The network is currently operating on a private mainnet, with public access expected by the end of June 2025. Additionally, Katana Foundation plans to distribute approximately 15% of $KAT tokens to $POL stakers, including liquid staking protocols, on #Ethereum .
👉 polygon.technology/blog/katana-foundation-announces-katana-network-incubated-by-polygon-labs-and-gsr
#KatanaNetwork was deployed with support from #Conduit and is a graduate of the Agglayer Breakout Program, an incubator focused on advancing high-impact projects that drive substantial activity to #Agglayer . Katana uses Agglayer as its canonical bridge and #VaultBridge for real yield, becoming the first Agglayer CDK chain to adopt the CDK OP Stack.
The network is currently operating on a private mainnet, with public access expected by the end of June 2025. Additionally, Katana Foundation plans to distribute approximately 15% of $KAT tokens to $POL stakers, including liquid staking protocols, on #Ethereum .
👉 polygon.technology/blog/katana-foundation-announces-katana-network-incubated-by-polygon-labs-and-gsr
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Although the secondary market is in a cold winter, the primary market investment and financing is still strong!
Recently, conduitxyz received a $37 million Series A financing led by Paradigm and HaunVentures.
#Conduit is a Web3 infrastructure platform designed to empower and accelerate builders in the encryption field. Its first product will enable applications to scale 100 times, including DeFi protocols, GAMEFI, NFT platforms, and other on-chain providers can use Conduit to quickly and easily scale their applications without any code.
Expanding on-chain computing is critical to unlocking more use cases and wider adoption of on-chain applications.
🧐
Are there similar secondary market competitors? Let me know in the comment section #内容挖矿
Recently, conduitxyz received a $37 million Series A financing led by Paradigm and HaunVentures.
#Conduit is a Web3 infrastructure platform designed to empower and accelerate builders in the encryption field. Its first product will enable applications to scale 100 times, including DeFi protocols, GAMEFI, NFT platforms, and other on-chain providers can use Conduit to quickly and easily scale their applications without any code.
Expanding on-chain computing is critical to unlocking more use cases and wider adoption of on-chain applications.
🧐
Are there similar secondary market competitors? Let me know in the comment section #内容挖矿
Conduit raises $36M in a Series A funding round
#Conduit secures $36M in a Series A funding round co-led by Dragonfly and Altos Ventures, with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures, Helios Digital Ventures, and Portage Ventures.
Conduit is a financial technology platform that streamlines international business payments by offering faster, more affordable, and transparent cross-border transactions.
👉 x.com/ConduitPay/status/1927734814343385303
#Conduit secures $36M in a Series A funding round co-led by Dragonfly and Altos Ventures, with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures, Helios Digital Ventures, and Portage Ventures.
Conduit is a financial technology platform that streamlines international business payments by offering faster, more affordable, and transparent cross-border transactions.
👉 x.com/ConduitPay/status/1927734814343385303
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