Stablecoin payment infrastructure company Noah completes $38 million seed round financing

Stablecoin payment infrastructure company Noah has completed a seed round financing of $38 million, with investments from Endeit Capital, FJ Labs, LocalGlobe, Felix Capital, and multiple angel investors. The funds will be used to expand international remittance business and regulatory layout, providing cross-border payment services based on stablecoins for businesses and individuals. (Source: Globenewswire)