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Stablecoin payment platform UnblockPay completes $4.5 million seed round funding, led by Prelude
BlockBeats News, May 3 — Stablecoin-native bank and payment platform UnblockPay announced the completion of a $4.5 million seed round funding, led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and others.
UnblockPay was founded in 2025, primarily providing infrastructure for stablecoin cross-border payments and foreign exchange settlements for enterprises, supporting seamless exchanges between fiat currencies and stablecoins such as USDC and USDT, covering markets in Latin America, the United States, and Europe.
The company stated that in its first year, it processed over 300 million Brazilian reais (approximately $53 million) in transactions.