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Articlewww.prnewswire.comCOCA1y ago

COCA Secures Strategic Investment from Stellar Development Foundation and FunFair Ventures to Drive Mass Adoption of Stablecoin Payments

COCA, a non-custodial stablecoin payments app with over 1 million users, secured strategic funding from the Stellar Development Foundation and FunFair Ventures to accelerate growth and deepen integration with Stellar's ecosystem, including MoneyGram remittances and Soroban smart contracts.

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COCA.xyz, a next-generation non-custodial payments app, completed a strategic funding round led by the Stellar Development Foundation with participation from FunFair Ventures. The funding will accelerate COCA's mission to make stablecoin payments seamless and accessible globally. With over 1 million users since launch, COCA offers non-custodial Visa debit cards and IBANs enabling stablecoin payments at 80 million merchants across 200+ countries. The investment will deepen COCA's integration with Stellar, including expanded MoneyGram remittance services, Soroban smart contract support, and partnerships with other Stellar-based projects. COCA's platform features MPC security, zero-fee swaps, cross-chain transactions, and cashback rewards in crypto.

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COCA is a digital wallet that integrates Multi-Party Computation technology with a non-custodial debit card, offering enhanced s…

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