TechFlow news — Higlobe, a stablecoin-based cross-border payment solutions provider, announced it has raised $14 million in funding led by Battery Ventures, with participation from TTV Capital, FjLabs, Reciprocal Ventures, Paxos, DCG, Raptor Group, and Gokul Rajaram.
Higlobe offers zero-fee cross-border remittance services using stablecoins issued by companies regulated by U.S. federal or state agencies. These stablecoins are fully backed 1:1 by U.S. dollars or U.S. Treasury bonds, providing remote workers worldwide with an efficient and cost-effective way to send money. [Source link](https://www.businesswire.com/news/home/20220919005891/en/)
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