Noah Secures $22 Million for Global Expansion of Stablecoin Payments

Noah, a stablecoin payment startup, has secured a substantial $22 million seed funding round led by the venture capital firm LocalGlobe. This investment will fuel the company’s expansion efforts and allow it to reach more international markets. 50 new currencies will be supported, enabling transactions in over 70 countries. Noah has already facilitated $1 billion worth of transactions, showcasing the potential for growth in emerging markets. The funding will drive innovation by leveraging stablecoins, paving the way for faster cross-border payments through decentralized networks.