Conduit raises $36M for stablecoin, fiat cross-border payment network

Conduit, a Boston-based startup specializing in cross-border payments, has secured $36 million in a Series A round co-led by Dragonfly and Altos Ventures. The company aims to replace legacy systems like SWIFT with a faster, crypto-native alternative that merges stablecoins with local fiat currencies.

May 28, 2025