Startup Hercle raises $10 million to build out stablecoin-based global money transfers
Yahoo Finance·2025-10-29 20:00
Gabriele Sabbatini notes that, even in an age of instant communication, moving money around the globe is often slow and expensive. That’s why he started Hercle, a firm that uses stablecoin technology to make global transactions more efficient. On Wednesday, Hercle announced it has raised 50 million credit facility to support global expansion. Sabbatini declined to disclose Hercle’s valuation. The name Hercle i ...