M0 Secures $40 Million for Interoperability Push, Aims to Bridge Stablecoin Networks

Stablecoin startup M0 has received a significant funding boost of $40 million in its Series B round led by Polychain Capital and Ribbit Capital. The investment aims to solidify M0’s capabilities in promoting interoperability between different stablecoin networks and reduce fragmentation across blockchain platforms. This move aligns with growing institutional interest in stablecoin infrastructure, paving the way for seamless interaction between blockchains like Ethereum and Solana.