South Africa’s CrissCross raises undisclosed Circle Ventures investment in stablecoin push

CrissCross, the South Africa-headquartered cross-border payments infrastructure company, has secured an undisclosed investment from Circle Ventures, the corporate venture arm of Circle Internet Group, the company that issues USD Coin (USDC), a digital stablecoin. The investment, made through Stitch Group, CrissCross’s parent company, will help the company expand its local payment connections and liquidity, build more stablecoin settlement capabilities for enterprise customers, and grow the team