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The stablecoin payment platform called Slash has come with great news. They raised $100 million in a new capital round and are now a serious player in the crypto space with a valuation of $1.4 billion. Led by Ribbit Capital, Goodwater and Khosla Ventures also participated in this funding round, and even Y Combinator and NEA joined them.
What will they do with this money? Their main goal is to accelerate product development and automate financial backend processes. They plan to implement this automation by the end of the year. It seems that serious steps are being taken in the stablecoin payment sector. How do you see this, do you believe in such crypto finance platforms?