COCA, a stablecoin payment platform, has secured strategic investment from the Stellar Development Foundation and FunFair Ventures. The funding will accelerate COCA's expansion on the Stellar network, enabling seamless stablecoin payments through non-custodial debit cards and IBANs to over 80 million merchants worldwide.
COCA has announced a strategic investment from the Stellar Development Foundation (SDF) and FunFair Ventures to scale its stablecoin payment platform. Since launching a year ago, COCA has onboarded over 1 million users and offers non-custodial Visa debit cards and IBANs powered by deep Stellar network integration. The funding will support expansion of COCA's features including seamless stablecoin payments, MPC security with biometric backup, Universal Gas Token (UGT) for cross-chain gas fees, zero-fee swaps, and crypto cashback rewards. The investment represents SDF's commitment to driving stablecoin adoption and financial inclusion through user-friendly, non-custodial solutions. COCA's integration with Stellar ecosystem services like MoneyGram remittances and Soroban smart contracts positions it as a key player in making everyday stablecoin payments accessible globally.
