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code and state secures funding to boost stablecoin startup innovation

Code & State, a Dubai-based venture studio, has secured USD 3 million from Warburg Serres and KR1 to foster the next generation of stablecoin startups. The funding will support projects aimed at enhancing real-world stablecoin adoption, addressing challenges in payment systems, compliance, and security. With stablecoin transactions exceeding USD 15 trillion in 2024, the studio is actively seeking entrepreneurs to develop innovative solutions in this rapidly growing sector.
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