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flag OpenFX fintech startup raises $94M to expand stablecoin cross-border payments.

flag OpenFX, a fintech startup, raised $94 million to expand its use of stablecoins for cross-border payments, aiming to speed up and lower costs for international money transfers. flag Backed by major investors like Accel and Lightspeed Faction, the company uses blockchain technology to reduce reliance on traditional banking systems. flag OpenFX processes billions in transactions and plans to enter new markets in Southeast Asia and Latin America.

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