Stablecorp Wants to Reduce Cross-Border Payment Friction

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.stablecorp wants to create a frictionless cross-border payment system, according to CEO AMcDougall_SC. CoinDeskIDEAS

in a seed funding round, which was led by six companies, including Side Door Ventures and Genesis. Stablecorp is worth upwards of $5 million at the moment, said McDougall.

Its second component is yield-as-a-service , a tool that allows individuals and firms to borrow and lend data related to digital assets. Its final offering, known as the “Forge,” is a multi-chain software that gives individuals and firms alike the ability to track whether a deposit has been made.

 

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