PhotonPay Raises Series B Led By IDG to Expand Stablecoin Payments Rails

PhotonPay, a stablecoin-based payments infrastructure provider, said it had raised a Series B funding round of “tens of millions of dollars” led by IDG Capital, as investors step up bets on blockchain-enabled rails for cross-border commerce. Hillhouse Investment also participated alongside Enlight Capital, Lightspeed Faction,... Read More