American Express and former Visa executives have founded a fintech startup called “Rhythmic,” which recently secured $4 million in funding. According to NS3.AI, the company is facing challenges in integrating traditional financial services with digital assets, an area that has long been considered difficult.
Stablecoin Strategy Led by Payment Industry Veterans
Rhythmic’s founding team consists of industry experts with extensive experience in traditional payment systems. Leveraging their background, they plan to develop enterprise-focused stablecoin integration solutions. This approach aims to promote stablecoin adoption by balancing technical sophistication with practical needs.
Accelerating Product Development with $4 Million Funding
The $4 million raised will be used to build brand partnerships and develop financial products. By incorporating stablecoins into existing consumer financial services, the goal is to make digital currencies more accessible. This will allow stablecoin usage, which has traditionally been complex and intimidating for consumers, to be naturally integrated into existing payment flows.
The Era of Web3 and Traditional Finance Converging
This funding milestone is not just a corporate achievement but also a sign of the maturity of the stablecoin market. The combination of traditional financial expertise and blockchain technology is paving the way for mainstream users to enter the digital asset world. If Rhythmic’s efforts succeed, we may soon see stablecoins recognized as a complementary role to conventional national currencies.
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Rhythmic secures $4 million, entering a new phase of mainstream adoption for stablecoins
American Express and former Visa executives have founded a fintech startup called “Rhythmic,” which recently secured $4 million in funding. According to NS3.AI, the company is facing challenges in integrating traditional financial services with digital assets, an area that has long been considered difficult.
Stablecoin Strategy Led by Payment Industry Veterans
Rhythmic’s founding team consists of industry experts with extensive experience in traditional payment systems. Leveraging their background, they plan to develop enterprise-focused stablecoin integration solutions. This approach aims to promote stablecoin adoption by balancing technical sophistication with practical needs.
Accelerating Product Development with $4 Million Funding
The $4 million raised will be used to build brand partnerships and develop financial products. By incorporating stablecoins into existing consumer financial services, the goal is to make digital currencies more accessible. This will allow stablecoin usage, which has traditionally been complex and intimidating for consumers, to be naturally integrated into existing payment flows.
The Era of Web3 and Traditional Finance Converging
This funding milestone is not just a corporate achievement but also a sign of the maturity of the stablecoin market. The combination of traditional financial expertise and blockchain technology is paving the way for mainstream users to enter the digital asset world. If Rhythmic’s efforts succeed, we may soon see stablecoins recognized as a complementary role to conventional national currencies.