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Latitude Raises $35 Million For Local Stablecoin Off-Ramps

Latitude raised a $35 million Series A led by Oak HC/FT to connect stablecoin settlement to local payment rails, the company said Wednesday. NEA, Coinbase Ventures, Lightspeed Faction and OpenFX also took part. The money...

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Latitude Raises $35 Million For Local Stablecoin Off-Ramps
Latitude raised a $35 million Series A led by Oak HC/FT to connect stablecoin settlement to local payment rails, the company said Wednesday. NEA, Coinbase Ventures, Lightspeed Faction and OpenFX also took part. The money goes into licences and local payout connections, the leg of a stablecoin... Read the full story at The Defiant

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Coinbase is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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