Code & Chain · Signal Desk

Jeeves Raises $110M to Expand Enterprise Stablecoin Banking to 35 Countries

Original sourceDigital TodayAdditional: Bitcoins News

Summary

Enterprise stablecoin banking platform Jeeves closed a $110 million funding round led by CoinFund, with participation from AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, GIC, and Y Combinator. The company says revenue grew 4x over the past 14 months, card and payment annualized volume e…

Key points

  • Reflects that enterprise-grade stablecoin payments are moving from pilots to scaled operations, combining AI spend management and cross-border remittance in real financial workflows.
  • It shows corporate treasury adoption of stablecoin settlement is expanding and attracting participation from traditional asset managers.
  • Multinationals and finance teams can evaluate stablecoin cards and wallets to reduce cross-border payment costs, but must watch for licensing and regulatory divergence across countries.

Editorial note

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