Standard Economics, a fintech startup focused on digital payments, has successfully closed a $9 million seed funding round aimed at building a stablecoin-based payment application. The round was led by venture fund Paradigm, with participation from Lightspeed and several private investors.
The capital will be used to create a scalable and secure payment platform that leverages stablecoins as the primary medium of transaction. The company’s goal is to make digital payments more accessible and user-friendly, particularly for small and medium-sized businesses.
According to Standard Economics, stablecoins hold the potential to form the foundation of a stable digital economy, offering predictable value while enabling fast, low-cost transactions. The team plans to use the funding to accelerate product development and refine the user experience, ensuring that even individuals with no prior exposure to cryptocurrencies can easily navigate the app.
This move reflects a growing trend of crypto-native payment solutions targeting mainstream adoption. Previously, projects like Pieverse, which develops payment and compliance infrastructure for Web3, secured $7 million in strategic funding, highlighting investor interest in building the next generation of digital finance tools.
