<ul><li>Conduit, a cross-border payments platform powered by stablecoins, raised a $36 million Series A funding round to expand its reach and currency support.</li><li>The funding will be used to increase geographic coverage and variety of fiat and digital currencies supported through its global payment network.</li><li>Conduit's growth has been significant, with transaction volumes increasing 16x in 2024, enabling faster and more reliable transactions compared to traditional systems like SWIFT.</li><li>Conduit's platform bridges traditional banking with stablecoin technology, offering clients nearly instant global transactions and substantial cost savings.</li></ul>

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

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