Stablecoin payment provider PhotonPay completes tens of millions of dollars in Series B funding, led by IDG Capital

2026-01-12 01:16:39

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【Blockchain Rhythm】Stablecoin payment infrastructure provider PhotonPay has just announced the completion of Series B funding. This round of financing was led by IDG Capital, with a scale reaching tens of millions of dollars, although the valuation has not been publicly disclosed.

With the new funds, PhotonPay’s plans are quite clear—first, to accelerate the expansion of the stablecoin financial track; second, to recruit key talent teams; and third, to expand influence and voice in global regulatory circles, especially focusing on the US market and some emerging markets. From the perspective of funding layout, the stablecoin payment track is indeed attracting increasing attention from capital.

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AirdropHarvester

· 23h ago

Stablecoin payments are indeed heating up. IDG's involvement this time indicates that major institutions are starting to take it seriously.

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TokenTaxonomist

· 01-12 01:46

actually, let me pull up my spreadsheet real quick... stablecoin infrastructure is taxonomically interesting but the execution risk here is *chef's kiss* levels of concerning. idc what idg says, per my analysis the regulatory arbitrage they're chasing in emerging markets is basically an evolutionary dead-end waiting to happen

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AlwaysAnon

· 01-12 01:46

Stablecoin payments are indeed heating up in this space, and IDG leading the investment also says something. --- It's another routine of "expanding, hiring, gaining influence," just listen. --- Hundreds of millions of dollars? It doesn't seem that exaggerated, and valuations that aren't disclosed are even more outrageous. --- With such fierce competition in the US market, how can PhotonPay break through? --- Stablecoin payments are indeed a demand, but there are too many players in this space. --- Funding news is all the same; how many can actually be implemented and used? --- Did IDG bet right this time? Let's wait and see. --- Who doesn't want a piece of the stablecoin pie now? The key still depends on execution. --- Emerging markets? Did PhotonPay really do their homework, or are they just talking?

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AirdropAutomaton

· 01-12 01:46

Stablecoin payments have indeed become popular, and IDG's involvement this time is quite significant. By the way, PhotonPay's fundraising speed is almost catching up with new crypto projects issuing tokens.

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HashBandit

· 01-12 01:38

photon pay gonna scale stablecoin payments but honestly, gas fees on mainnet still gonna murder their unit economics unless they're going full L2... seen this movie before back in my mining days, everyone's chasing the payment rails dream and then reality hits you with throughput bottlenecks lol

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bridge_anxiety

· 01-12 01:34

IDG has entered the market, indicating that this track indeed has growth potential.

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GasWaster

· 01-12 01:26

Stablecoin payments and fundraising again? It's already 2024, and we're still talking about this. Feels a bit late to the game... Is IDG optimistic or just a bystander? Hard to say.

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