Diameter Pay Raises $10 Million to Expand Stablecoin Payments Infrastructure

Diameter Pay has reportedly raised $10 million in a Series A funding round as the stablecoin payments infrastructure provider looks to expand its banking, payments and digital asset capabilities. The round was co-led by CMT Digital and Lightspeed Faction, according to a Thursday (Sept. Other investors included SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital.