TechFlow news — Pebble has announced the launch of its first application enabling users to save, spend, and send fiat currency—all within a single digital wallet. At the same time, Pebble has secured $6.2 million in funding from institutions including Y Combinator, Caballeros Capital, LD Capital, Lightshed Ventures, Eniac Ventures, Global Founders Capital, and Soma Capital.
On the surface, Pebble is a fiat-based digital wallet built on USDC, designed for large-scale adoption in the future. More than that, Pebble is building a global community dedicated to creating a fairer economy.
With Pebble, users can earn the first open reward points called "Pebbles." While Pebbles are not yet fully defined or functional, they will become key to aligning incentives among the Pebble team, investors, partners, merchants, and users, working together to build a new global economy on blockchain. Driven by the mission of empowering more users financially, Pebble will use the new funding to expand into global markets and aims to launch its app across Asia by the end of 2022.
