Financial technology company OpenFX has secured a substantial $23 million in funding, which will accelerate the development of its platform for seamless stablecoin conversion. This investment, led by Accel, aims to address the critical ‘last-mile’ challenge in global payments: converting stablecoins into local currencies for practical use. OpenFX bridges the gap by connecting directly with local payment networks and financial institutions, providing APIs and tools for businesses to integrate stablecoin conversion into their workflows, and supporting a growing range of local currencies for international transactions. This move unlocks the full potential of crypto payments for real-world uses, aiming for faster, cheaper, and more accessible global transactions.