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Dubai’s Mansa secures $10m to expand stablecoin payments

Dubai-based startup Mansa has raised US$10 million in seed funding to improve liquidity for cross-border payments using stablecoins.

The funding includes US$3 million in equity from Tether and additional debt financing.

Mansa enables payment companies to settle transactions and fund accounts instantly with stablecoins.

The funds will support expansion into Latin America and Southeast Asia, where similar liquidity issues exist.

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