Stablecoin payment infrastructure Noah completes $38 million seed funding round with participation from FJ Labs and others.

PANews October 7 news, according to Globenewswire, stablecoin payment infrastructure company Noah announced the completion of a $38 million seed funding round, with participation from Endeit Capital, FJ Labs, LocalGlobe, Felix Capital, and several well-known angel investors. The new funds will be used to expand its international remittance business, broaden its regulatory footprint, and provide stablecoin-based cross-border payment services for businesses and individuals.