Stablecoin developer Standard Money completes US$8 million in strategic financing, led by Yzi Labs

According to Foresight News, CoinDesk reported that Standard Money, the developer of BNB Chain’s ecological stablecoin USDsd, completed $8 million in strategic financing, led by Yzi Labs, with participation from institutions such as Gate.io, Crypto.com and Animoca Brands. The funds raised will be used to support the Standard Money mainnet launch, expand its liquidity partnerships and expand global operations.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.