Industry: fintech
Sentiment: Positive
Total Articles: 2
Last Article: 2025-02-20 07:00:00+00:00
Dubai-based startup Mansa has raised $10 million in seed funding to provide stablecoin-based liquidity for cross-border payments. The company offers a revolving line of credit in stablecoins to payment companies, primarily in Africa, to enable instant settlement and account funding.
Stablecoins are transforming cross-border payments in emerging markets, offering faster and cheaper alternatives to traditional banking systems. Companies like SpaceX's Starlink are adopting stablecoin solutions, while startups providing stablecoin-based services are seeing significant growth and attracting major investments.