Stablecoin Payment Platform UnblockPay Completes $4.5 Million Seed Round Funding, Led by Prelude

BlockBeats News, May 3rd, Stablecoin-native bank and payment platform UnblockPay announced the completion of a $4.5 million seed round financing. The round was led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and others.

UnblockPay, established in 2025, primarily provides enterprises with stablecoin cross-border payment and foreign exchange settlement infrastructure. It supports seamless conversion between fiat currencies and stablecoins such as USDC and USDT, covering the Latin America, US, and European markets.

The company's officials stated that in its first year of operation, it has already processed over 300 million Brazilian Reals (approximately $53 million) in transaction volume.