NALA Secures $50M Credit Line Through MUFG Joint Venture for Stablecoin Payments

GateNews
MUFG-0.69%
According to TechFundingNews, stablecoin payments firm NALA has secured $50 million credit line funding through its joint venture Mars Growth Capital with Japan's MUFG Bank, sourced from Liquidity. The funds will support development of stablecoin payment infrastructure and expand cross-border payment services in emerging markets including Africa and Asia, offering real-time payments, fund pre-funding, and treasury management solutions.
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