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Latitude Raises $35M to Bring Stablecoins to Local Payments

The Cryptonomist·September 9, 2026·1 min read
Latitude Raises $35M to Bring Stablecoins to Local Payments

Latitude raised $35 million to bring stablecoins to local payments, aiming to replace costly remittance channels. The company was inspired by a London driver losing 20% of his wages sending money to Morocco. Latitude plans to use stablecoins for faster, cheaper cross-border transfers.

Read at The Cryptonomist
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