Loop Crypto successfully raises funds, VanEck takes the lead

#LoopCrypto – a stablecoin payment processing platform – has just announced the completion of a strategic funding round led by VanEck and Fabric Ventures. With the new investment, the total amount raised by the company has reached 6 million USD.

Co-founder Eleni Steinman stated that the rapid explosion of stablecoins has exceeded the predictions of many in the industry. Stripe's recent acquisition of Bridge is also evidence that financial "giants" have recognized the true potential in restructuring the global payment infrastructure. Stablecoins are being chosen due to their advantages of being faster, cheaper, and more global.

Representative #VanEck , Wyatt Lonergan, emphasized that stablecoins are changing the landscape: transactions are becoming instantaneous, transparent, and more efficient, while intermediary banks risk losing their roles. With stablecoins, both businesses and users have easier and more flexible access to capital.

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This event continues to reinforce the belief that stablecoins will be a crucial bridge to bring crypto into the real payment system. For Binance users and the market, this is a positive signal for the expansion of blockchain applications into everyday life.

⚠️ Warning: Investing in crypto and stablecoins carries many risks and may not be suitable for all investors. Please consider carefully before participating. #anhbacong