Wu Blockchain has learned that self-custody stablecoin bank AllScale has announced the completion of a $5 million seed round led by YZi Labs (EASY Residency S2), with participation from Aptos, Informed Ventures, Generative Ventures, and others. The company is an official BNB Chain ecosystem partner and aims to build a new type of self-custody stablecoin neobank. AllScale allows users and small to micro-sized businesses to send and receive stablecoins without traditional bank accounts, supporting self-custody wallets, invoice settlement, and cross-border payments.
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Wu Blockchain has learned that self-custody stablecoin bank AllScale has announced the completion of a $5 million seed round led by YZi Labs (EASY Residency S2), with participation from Aptos, Informed Ventures, Generative Ventures, and others. The company is an official BNB Chain ecosystem partner and aims to build a new type of self-custody stablecoin neobank. AllScale allows users and small to micro-sized businesses to send and receive stablecoins without traditional bank accounts, supporting self-custody wallets, invoice settlement, and cross-border payments.