Stablecoin cross-border trading company OpenFX completes $23 million financing, led by Accel
ChainCatcher news, according to Fortune, stablecoin cross-border trading startup OpenFX announced the completion of a $23 million financing round, led by Accel. The company was founded by Prabhakar Reddy, with the goal of replacing SWIFT and creating a cross-border trading network based on stablecoins.
OpenFX currently supports 7 currencies, including the US dollar, euro, and Mexican peso, and plans to expand to 10 currencies this summer, including those in Southeast Asia.
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