The latest funding news
Stablecoin infrastructure company HIFI just announced a $37 million Series A funding round led by Left Lane Capital. This is the firm's first priced round, and while they aren't disclosing their current valuation, CEO Zach Walsh confirmed that the platform is already handling around $7 billion in annualized volume.
Real talk: while the broader crypto market has been feeling the pressure, stablecoin usage for cross-border payments is actually thriving. Chainalysis reported that cross-border stablecoin flows surged 77.5% to $220.3 billion in the 12 months ending June 2026, proving that the utility for these assets is highkey main character energy right now.
What HIFI actually does
In simple terms, HIFI is building the pipes that connect your crypto to the legacy banking world. Their tech lets users move USD in and out of stablecoins, send payouts via traditional banking rails, and settle tokenized Treasury and repo transactions. They’ve also integrated with Visa Direct, allowing customers to convert USDC and push those funds straight to eligible debit and credit cards worldwide.
The industry is moving fast. HIFI was one of over 30 firms, including heavy hitters like BlackRock, Goldman Sachs, and Nasdaq, that recently participated in DTCC production tests for tokenized securities. With the DTCC set to launch its own Tokenization Service in October, the race to bring financial assets on-chain is heating up.
Why it matters
As major players like Visa report that stablecoin-linked card programs and settlement volumes are growing exponentially, HIFI is positioning itself to be a key piece of the infrastructure puzzle. It’s a W for the ecosystem's integration, but remember: the crypto space is volatile and this isn't financial advice. Keep your eyes on the utility, not just the hype. Stay safe out there, degens.
