Stablecoin Banking Platform Flex Completes $70M Series B1 Funding Round Led by Halo Fund

According to ChainCatcher, stablecoin banking platform Flex completed a $70 million Series B1 funding round led by Halo Fund. The capital will be used to expand Flex Global, its stablecoin-based cross-border commercial banking platform, enabling mid-sized enterprises to conduct global payments and treasury management through stablecoin infrastructure. The stablecoin market has reached approximately $390 billion in annual payment volume, with business-to-business transactions growing about 733% year-over-year.
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