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Gate Square New & Returning Creator Rewards are ongoing!
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Stablecoin track is making new moves. Meld's latest funding round has just been finalized, raising $7 million, led by Lightspeed Faction, with F-Prime, Yolo Investments, and Scytale Digital also participating. Including previous funding, the company has raised a total of $15 million, a significant figure in the same track.
Founder and CEO Pankaj Bengani revealed their ambition: to build a global stablecoin network. They have already established partnerships with over 50 service providers, with the network covering more than 180 countries and regions, supporting over 150 fiat currencies. In other words, no matter where you are, you can smoothly conduct buy and sell transactions between digital assets and fiat currencies. Regarding the scale of this ecosystem, they mainly target enterprise clients and individual users, aiming to master cross-border payments.