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MONAD ACQUIRES PORTAL LABS TO BOOST STABLECOIN PAYMENTS
High-speed blockchain Monad just acquired Portal Labs to scale stablecoin transactions.
🧠 Ex-Visa crypto lead Raj Parekh to head the strategy
💸 Focus: Fast, scalable stablecoin payments for Web3
Stablecoin wars are heating up — and Monad’s making moves.
#Stablecoins #Monad #PortalLabs #CryptoAdoption #BinanceNews
High-speed blockchain Monad just acquired Portal Labs to scale stablecoin transactions.
🧠 Ex-Visa crypto lead Raj Parekh to head the strategy
💸 Focus: Fast, scalable stablecoin payments for Web3
Stablecoin wars are heating up — and Monad’s making moves.
#Stablecoins #Monad #PortalLabs #CryptoAdoption #BinanceNews
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Monad Foundation acquired Portal Labs to develop stablecoin infrastructure
On July 9, 2025, the Monad Foundation announced the acquisition of Portal Labs, a leading provider of infrastructure for stablecoin wallets, to enhance its payment capabilities ahead of the mainnet launch. This strategic move integrates Portal's reliable tools for stablecoin payments, allowing developers and businesses to easily implement stablecoin transactions. Portal will become a subsidiary of Monad, and its CEO, Raj Parekh, will join the team as the head of payments and stablecoins.
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