Conduit Raises $36M to Expand Stablecoin-Based Cross-Border Payments Beyond SWIFT

Conduit, a Boston-based cross-border payments platform, raised $36 million in a Series A led by Dragonfly and Altos Ventures, with participation from Circle Ventures and DCG. The firm’s platform blends stablecoins and traditional banking infrastructure to deliver faster, cheaper payments, especially in emerging markets.

May 28, 2025