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AllScale Raises $1.5 Million to Develop Stablecoin Solutions for Small Businesses

  • AllScale raised $1.5 million to develop solutions for small businesses to use stablecoins for payments, sales, and payroll.
  • The company aims to make it easier for small and medium-sized businesses to leverage stablecoins for cross-border commerce.
  • Stablecoins can enable SMBs to make low-cost global payments and shield transactions from currency swings, even for the unbanked.
  • Stablecoins are gaining regulatory clarity and increasing transaction volumes, with a focus on global commerce and financial activities.

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