Trace Finance raises $32 million series A fund to expand stablecoin infrastructure

Cross-border payments solutions company, Trace Finance, has raised $32 million in a Series A round led by CoinFund to expand its stablecoin settlement infrastructure beyond Brazil into wider Latin American and Asia-Pacific markets.  The round involved big players like Coinbase Ventures, Paxos, and Chainlink Labs, and intends to use this investment to better its stablecoin...