According to ChainCatcher, stablecoin-native banking and payment platform UnblockPay completed a $4.5 million seed funding round led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, and Crescera Capital. Founded in 2025, UnblockPay provides cross-border stablecoin payments and foreign exchange settlement infrastructure for enterprises, enabling seamless conversion between fiat currencies and stablecoins such as USDC and USDT across Latin America, the U.S., and Europe. The company processed over 300 million Brazilian reais (approximately $53 million) in transaction volume during its first year of operation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USDC Circulation Decreases by 900 Million in 7 Days, Total Supply at 77.1 Billion
According to Circle's official data, over the past 7 days through April 30, USDC circulation decreased by approximately 900 million as Circle issued 5.1 billion USDC and redeemed 6 billion, bringing total circulation to 77.1 billion. Reserves totaled approximately 77.4 billion U.S. dollars,
GateNews2h ago
Circle Mints 250M USDC on Solana Overnight on May 2
According to on-chain data, Circle minted 250 million USDC on Solana early on May 2 at 5:10 AM.
GateNews8h ago
Stablecoins Account for 40% of Latin American Crypto Purchases, USDC Exceeds Bitcoin: Bitso Report
According to Bitso's 2025 Latin America crypto report, stablecoins account for approximately 40% of cryptocurrency purchases in the region, with USDC purchases exceeding Bitcoin. The report analyzed data from nearly 10 million customers across major Latin American markets including Argentina,
GateNews05-02 09:25
Coinbase, Lawmakers Reach Stablecoin Yield Deal on Clarity Act
Coinbase announced on Friday that U.S. lawmakers reached a compromise on stablecoin yield provisions in the Clarity Act, potentially clearing the way for a long-stalled Senate Banking Committee markup. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) finalized the deal on Friday evening,
CryptoFrontier05-02 02:13
Circle Mints 250 Million USDC on Solana Overnight
According to PANews, Circle minted 250 million USDC on Solana early today (May 2) at 5:10 AM, according to on-chain data.
GateNews05-02 01:17
Vitalik Buterin Continues Selling Gifted Tokens, Totaling $529K ETH and $114,566 USDC
Gate News message, Vitalik Buterin continues selling gifted tokens. According to on-chain data, he has sold 231 ETH valued at $529,000 and 114,566 USDC worth of gifted tokens to date. The transactions are associated with address 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045.
GateNews05-02 00:32
