Stablecoin technology
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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 $10 million in an equity round led by F-Prime, a global venture capital firm. It also raised a $50 million credit facility to support global expansion. Sabbatini declined to disclose Hercle’s valuation. The name Hercle i ...
Visa Just Made A Bet That Could Reshape How Money Moves Globally — And Stablecoins Are At The Center Of It
Yahoo Finance· 2025-10-09 00:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The payment giant everyone thought would fight crypto tooth and nail just announced it’s building the on-ramp instead—and the implications for how businesses move money across borders could be massive. Visa (NYSE:V) said on Sept. 30 that it launched a pilot program that lets businesses fund international payments using stablecoins rather than pre-depositing cash in local bank accounts. For companies that r ...
Can Visa Solve the High Remittance Fees Problem With Stablecoins?
ZACKS· 2025-06-17 22:56
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