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Tether backs stablecoin liquidity provider Mansa in $10M seed round
As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by
Mansa says its model improves clients’ cash flow at a lower cost than fiat alternatives, positioning it as a key player in the future of payments. And unlike traditional lenders, it underwrites loans based on real-time transaction data rather than collateral while sourcing liquidity at scale through decentralized finance (DeFi). It also makes sense that Mansa’s customers are not based in Europe, where Tether and nine other digital assets were recently delisted from EU-regulated platforms for not meeting MiCA compliance standards.
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