BlockBeats News, January 12th. Stablecoin payment infrastructure provider PhotonPay announced that it has completed its Series B funding round led by IDG Capital, raising "tens of millions of dollars." PhotonPay did not disclose its valuation.
The new funds will be used to accelerate the expansion of its stablecoin financial infrastructure, recruit key talent, and enhance its regulatory influence globally, with a focus on the United States and some emerging markets.
