Transak Raises $16M from IDG Capital, Tether to Scale Stablecoin Payment Network

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Transak Raises $16M from IDG Capital, Tether to Scale Stablecoin Payment Network

coindesk.com/business/2025/08/12/transak-raises-usd16m-from-idg-capital-tether-to-scale-stablecoin-payment-network

Web3 payments infrastructure firm Transak has raised $16 million in a strategic funding round co-led by IDG Capital and Tether. The company plans to use the funds to expand its stablecoin payments stack and enter new markets.
The funding round comes at a time in which the stablecoin…

This story appeared on coindesk.com, 2025-08-12 13:00:00.