Techub News Report, according to Fortune, stablecoin infrastructure company Cyclops focused on payment scenarios announced the completion of an $8 million funding round, with investors including Castle Island Ventures, F-Prime, and Shift4 Payments. The specific valuation has not been disclosed. The funds will be used to accelerate the development of stablecoin infrastructure for payment companies, supporting efficient on-chain settlement, cross-border payments, and related financial service expansion.

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