Stablecoin payment company Standard Economics completes $9 million seed round led by Paradigm

ChainCatcher reported that stablecoin payment company Standard Economics has announced the completion of a $9 million seed round, led by Paradigm, with participation from Lightspeed and a group of strategic angel investors.

The new funds will be used to support the development of its stablecoin-based payment application, enabling users to make payments and remit money internationally to other countries/regions for free.