Stabiloin cross-border payment infrastructure SaturnX completes US$3 million seed round of financing
According to online reports, SaturnX, a stablecoin cross-border payment infrastructure headquartered in the United Arab Emirates, announced the completion of a US$3 million seed round of financing. White Star Capital led the investment and a group of strategic investment institutions participated in the investment. The new funds are intended to support it in using the liquidity of stablecoins and smart foreign exchange routing to build a payment network that complies with regulatory requirements, and expand cross-border payment markets in Southeast Asia and Africa.
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