FX payments startup OpenFX raises $94 million amid cross-border stablecoin push
OpenFX, a foreign-exchange market making and remittances startup, has raised $94 million in funding to speed up cross-border payments using stablecoins. The funding round was led by several venture capital firms, supporting OpenFX's push into the global payments market.
OpenFX, a startup focused on foreign-exchange market making and remittances, raised $94 million in funding. The funding round was led by several venture capital firms. OpenFX plans to use stablecoins to speed up cross-border payments. The company aims to improve the efficiency of global payments. The funding will support OpenFX's growth and development. OpenFX is part of a growing trend of startups using blockchain technology to improve cross-border payments.
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