Cyclops Secures $20 Million in Funding to Advance Stablecoin Payment Settlements

Odaily reports that payment infrastructure startup Cyclops has completed a $20 million funding round, aiming to help payment companies use stablecoins to accelerate fund settlements. The company optimizes cross-border and traditional payment processes through stablecoins to improve settlement efficiency, reduce costs, and promote the adoption of stablecoins in corporate payments and financial infrastructure. (Fortune)