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Hercle secured $10 million in financing and received a $50 million credit line to accelerate cross-border payments with stablecoins.
PANews reported on October 29 that Hercle announced the completion of a $10 million equity financing, led by F-Prime, and secured a $50 million credit line to support global expansion. The company integrates stablecoin as a payment service provider to offer end-to-end infrastructure for businesses, aiming to reduce cross-border Settlement from days to minutes. Hercle claims to have processed over $20 billion in transactions, with 90% completed within 5 minutes, and has over 200 institutional clients, planning to expand in South America, the Middle East, and Africa while extending regulatory coverage.
PRIME8.17%
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