Obita Raises $10M to Expand Stablecoin-Powered Cross-Border Payments

Quick Breakdown: 

• Obita raises $10M in angel funding co-led by Vision Plus Capital and Mirana Ventures to expand its stablecoin-based settlement network.
• Southeast Asia, Central Asia, Africa, and Latin America, where remittance and trade payments remain costly and inefficient.
• Obita Mesh aims to cut FX costs, speed up settlements, and boost transparency in global capital flows.

Cross-border payments startup Obita has raised more than $10 million in angel financing to expand its stablecoin-powered settlement network, according to a report from the Manila Times. The round was co-led by Vision Plus Capital and Mirana Ventures, with additional backing from Legend Capital, HashKey Capital, Web3.com Ventures, and other institutional investors.

The funds will be used to strengthen system R&D, build compliance infrastructure, and drive international expansion of Obita Mesh, its blockchain-native payment framework.

Cross‑border stablecoin adoption gets a real boost: Obita just raised $10M+ in angel funding to build a compliant, enterprise-grade stablecoin payment network—setting a higher bar for real-world utility and regulatory alignment.
Focus on design that ensures compliance…

— Creator AI (@Creator_AI1) September 1, 2025

Stablecoins at the Core of Cross-Border Settlement

Obita is building an enterprise-level network powered by compliant stablecoins, designed to cut foreign exchange costs, enable faster settlements, and improve transparency in global capital flows. The platform integrates compliance-ready systems, cross-border clearing, and treasury tools for trade, e-commerce, and supply chain platforms.

Its rollout will focus initially on Southeast Asia, Central Asia, Africa, and Latin America, high-growth regions where remittance and trade payments remain slow and costly.

Co-founder and CEO Dayong Zhang, previously a senior executive at HashKey Group and Ant Group, said the company’s mission is to merge blockchain technology with real-world finance. “Cross-border payments are at a tipping point driven by stablecoin innovation,” Zhang noted.

Investor Confidence in Web3 Payments

Investors highlighted the company’s potential to reshape global trade infrastructure. Vision Plus Capital said stablecoin-centred B2B payments significantly improve cost efficiency, while HashKey Capital emphasized Obita’s alignment with its compliance and digital asset strategy. Legend Capital noted that Obita is uniquely positioned to bridge Web2 and Web3 in the global fintech sector.

With stablecoin regulation advancing worldwide, Obita’s raise underscores growing momentum for blockchain-native settlement rails. Backed by a seasoned fintech team and strategic investors, the company aims to position stablecoins at the heart of cross-border financial connectivity.

The raise comes as venture capital firms step up bets on programmable stablecoins. Switzerland-based M0 and U.S.-based Rain secured nearly $100 million in Series B funding, highlighting growing investor conviction in blockchain-native settlement rails. The global stablecoin market has surged to a record $280 billion in capitalization, according to DefiLlama data.

 

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