HIFI Secures $37 Million to Enhance Stablecoin Payment Infrastructure
- HIFI raised $37 million in a Series A funding round led by Left Lane Capital.
- Cross-border stablecoin flows increased by 77.5%, reaching $220.3 billion in the past year.
- The company processes approximately $7 billion in annualized volume through its platform.
- Visa reported over 160 stablecoin-linked card programs globally, with payment volume rising nearly 200% year-over-year.
- Stablecoin settlement volume via Visa surpassed a $20 billion annualized run rate, more than fifteen times its level from the previous year.
The funding will support HIFI’s expansion into tokenized capital markets and enhance its suite of stablecoin payment products, reflecting the growing demand for blockchain-based financial infrastructure as traditional firms adopt these technologies.
With cross-border stablecoin flows reaching $220.3 billion and HIFI processing about $7 billion annually, this investment positions the company well within the evolving financial landscape.(Source)
