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Stablecoin Transfers Receive $9 Million Investment to Address Banking Shortfalls in Latin America

Stablecoin Transfers Receive $9 Million Investment to Address Banking Shortfalls in Latin America

Bitget-RWA2025/10/29 01:16
By:Bitget-RWA

- Standard Economics raised $9M in seed funding led by Paradigm to expand its stablecoin-based remittance platform Uno in Latin America and Asia. - The platform enables low-cost USD transfers via stablecoins, targeting regions with high crypto adoption like Argentina and Brazil where stablecoins dominate 90% of transactions. - Latin America's crypto market grew 63% YoY in 2025, driven by economic instability and regulatory advancements, with cross-border remittances reaching 20% of GDP in El Salvador and G

Standard Economics, a startup specializing in stablecoin payments, has raised $9 million in seed investment to build out its Uno cross-border remittance platform, with a focus on Latin American and Asian markets. The funding round was led by crypto VC firm Paradigm, alongside Lightspeed Venture Partners and several notable angel investors. This milestone positions the company to use stablecoins for more efficient international money transfers, aiming to lessen dependence on conventional banks, according to a

. The capital will go toward growing the Uno app, which in October 2025, with expansion plans for Argentina, the Philippines, and additional markets.

The company’s platform allows users to send and receive U.S. dollars through stablecoins, providing a faster and more affordable alternative to traditional remittance options. Co-founder and CEO Evan Jones highlighted the app’s commitment to accessibility, combining domestic payments, money transfers, and banking features within a single platform. While the firm’s valuation has not been made public, Standard Economics currently has a six-member team and is pre-revenue, as reported by Lookonchain. The investment reflects increasing institutional trust in stablecoin solutions, especially in areas like Latin America where crypto usage is rapidly rising.

Stablecoin Transfers Receive $9 Million Investment to Address Banking Shortfalls in Latin America image 0

Latin America’s cryptocurrency sector has become the world’s fastest-growing in 2025, according to the

. The region experienced a 63% annual increase in crypto adoption, with 57.7 million people—12.1% of the population—owning digital assets. Argentina leads with an 18.2% ownership rate, followed by Brazil at 16.7% and El Salvador at 14.2%. Stablecoins are the primary medium for transactions, making up 90% of activity in Brazil and 34% of retail payments in Venezuela. Cross-border crypto remittances surged by 40%, accounting for as much as 20% of GDP in El Salvador and Guatemala.

Uno’s growth is in line with larger regional trends, where economic volatility and limited access to banks have fueled interest in digital financial solutions. Standard Economics’ emphasis on USD-backed stablecoin infrastructure is similar to moves by established firms such as Western Union;

reports that Western Union intends to introduce a Solana-based dollar stablecoin in 2026 to speed up settlements and lower costs. At the same time, regulatory progress in Brazil, Argentina, and Mexico—through pilot programs and comprehensive legislation—is paving the way for greater institutional adoption.

This seed round highlights the strategic importance of stablecoins in solving remittance issues. With over $1.5 trillion in on-chain transactions between 2022 and 2025, Latin America’s crypto landscape is increasingly seen as a proving ground for scalable financial technologies. Standard Economics’ strategy—blending regulated stablecoin networks with localized banking services—positions it to benefit from this momentum while tackling compliance and user experience challenges, as noted by Coinotag.

As the company grows, it joins both new startups and established firms in reshaping the cross-border payments sector. The industry’s progress is further bolstered by changes in U.S. policy, such as the Genius Act, which created the first federal regulatory framework for stablecoins, according to Blockworks. With strong investor support and a clear market demand, Standard Economics is set on revolutionizing access to global financial services for users in developing markets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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