Stablecoins to the Rescue: Levl Bags $7M to Fix Your Money’s Jetlag

The Lowdown on Levl’s Big Bucks

  • Levl, the fintech whiz kid, just pocketed $7 million to replace clunky old banking systems with something called stablecoins. (Because who needs banks when you have digital magic?)
  • Apparently, they’re already shuffling over $1 billion a year in transactions, acting as the unsung hero for neobanks and remittance companies. (That’s a lot of zeros, folks.)
  • With this cash injection, they’re doubling their workforce to conquer Latin America and Africa. (Because why stop at one continent when you can have two?)

So, Levl-a company that’s all about digital assets and infrastructure (whatever that means)-just got a $7 million pat on the back from Galaxy Ventures and a few other bigwigs. Their mission? To make cross-border payments as smooth as a jazz solo, using stablecoins pegged to the US dollar. (Because nothing says “stability” like a coin that’s, well, stable.)

According to the folks in the know, this funding is all about helping fintech companies and digital wallets avoid the headache of building their own stablecoin systems. (Because why reinvent the wheel when you can just borrow Levl’s?) By bridging the gap between old-school banking and shiny new digital assets, Levl promises to make international transfers faster than you can say “wire transfer fee.”

In short, Levl’s here to save us from the snail-paced, fee-riddled world of traditional banking. And with $7 million in their pocket, they’re not just talking the talk-they’re walking it. (Or should we say, they’re stablecoining it?)

Read More

2026-02-11 18:59