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Exclusive: Latitude, founded by Stripe and Uber alums, raises $35 million to turn stablecoins into local payments | Fortune

Stablecoins have made it exceptionally easy to move money across borders instantaneously. The problem that remains for users, especially those in emerging markets, is getting those funds to their preferred local payment methods. Texas-based global payments infrastructure company Latitude aims to change this by giving businesses the infrastructure to use stablecoins to send local currency through familiar methods, such as bank accounts and mobile wallets. Cofounded by industry veterans Cyril Math...

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