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Latitude Comes Out Of Stealth, Announces $8M Raise
Latitude is tackling international payout costs for U.S. businesses by providing stablecoin to fiat conversion.
Latitude is scaling global payouts and stablecoin conversions based on interbank rates (Joey Kyber / Unsplash)
Latitude raises $8M for stablecoin payouts.
Latitude has come out of stealth and announced the team had raised $8M to provide U.S. businesses with easy stablecoin-to-fiat conversions and payout to workers and receivers in local currency. NEO led the round, with other participants including Coinbase Ventures, Paxos, Solana Foundation, Bitso, among others.
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