Odaily Planet Daily News: Stablecoin company Conduit announced the completion of a $36 million Series A funding round, led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. This Series A funding round brings Conduit's total funding to $53 million, and the company did not disclose the valuation of this round. Conduit's goal is to provide faster, more economical, and more reliable cross-border payment services for global enterprises, using stablecoins (a type of cryptocurrency designed to maintain value consistent with the US dollar) for international payment settlements, striving to complete transactions faster than traditional banks. (Fortune)