Stablecoin Clearinghouse The Better Money Company completes $10 million seed funding round, led by a16z crypto

DeepFlowTech · 2026-03-31T12:40:17+00:00

The Better Money Company, founded by a16z crypto investors Sam Broner and Adam Zuckerman, has completed a $10 million seed round funding to establish a stablecoin clearinghouse supporting efficient stablecoin exchanges. The funding was led by a16z crypto with participation from several well-known investors. The clearinghouse will support stablecoins compliant with the "Genius Act" and is expected to open to users within a few weeks.

DeepFlowTech

2026-03-31 12:40:17

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Deep Tide TechFlow message. On March 31, according to Fortune, former a16z crypto investor Sam Broner announced that, together with co-founder Adam Zuckerman, they have completed a $10 million seed round, founding The Better Money Company, with the goal of building a stablecoin clearinghouse that allows users to exchange between different USD-backed stablecoins at low cost.

This round was led by a16z crypto, with BoxGroup and Sunflower Capital participating, and notable angel investors including Circle co-founder Sean Neville and former Microsoft executive Charlie Songhurst also taking part. The parties did not disclose the valuation of this round.

In terms of partners, the company has already secured commitments from stablecoin issuers such as Paxos, Bridge from Stripe, and MoonPay. The clearinghouse plans to support all stablecoins that meet the compliance requirements of the “Genius Act” (the U.S. stablecoin regulatory bill). This means USDT will be excluded, but its U.S. version USAT is not affected.

The product has not yet gone live publicly. The team said it will be made available to users within the next few weeks.

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