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Stablecoin bank platform Flex completes $70 million Series B1 funding round, led by Halo Fund

2026-07-14 17:20:11

Cointelegraph reports that stablecoin banking platform Flex has announced the completion of a $70 million Series B1 funding round, led by Halo Fund. The new capital will be used to expand its stablecoin-based cross-border commercial banking platform, Flex Global, helping mid-sized businesses make global payments and manage funds through stablecoin infrastructure. Data shows that the annual payment volume of stablecoins has reached about $390 billion, with inter-enterprise transactions up about 733% year over year. Meanwhile, Visa’s stablecoin settlement volume reached an annualized $7 billion as of April 2026, up 50% year over year.

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