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Resolv Labs raises $10m in Seed funding

Dubai based creator of the Resolv DeFi protocol and USR stablecoin raised $10m in Seed funding led by CyberFund.

"I view stablecoins as the perfect rails for yield distribution," Ivan Kozlov, founder and CEO of Resolv, said in an interview with CoinDesk. "This may actually become larger than transaction stablecoins like [Tether's] USDT in the future."

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defi, crypto, stablecoins, payments