Stablecoin cross-border payment service provider Cedar Money completes a $9.9 million seed round of financing

Golden Finance reported that stablecoin cross-border payment service provider Cedar Money announced the completion of a $9.9 million seed round of financing, led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The valuation information has not been disclosed. Cedar Money enables seamless cross-border fund transfers through stablecoins, combining backend Blockchain technology with user-friendly fiat currency interfaces, providing enterprises with seamless and Compliance payment solutions.