PANews reported on August 7 that the stablecoin payment infrastructure Blindpay announced the completion of a $3.3 million seed round financing, with investors including Y Combinator, 468 Capital, Bitso, Transpose VC, Acacia Venture Capital Partners, and angel investors Jawed Karim (co-founder of YouTube), Raphael Dyxklay, and Caetano Lacerda (co-founder of Barte).
The company is committed to building a better global payment infrastructure through stablecoins, providing tools for businesses to facilitate cross-border transfers, compliance management, and the rapid establishment of virtual U.S. accounts, all through an API designed specifically for developers.
In 2025, Blindpay processed over $125 million in transfers, with a single-month processing amount of $46 million in July.