COCA Secures Strategic Investment from Stellar Development Foundation and FunFair Ventures to Drive Mass Adoption of Stablecoin Payments
Summary
Unlike traditional wallets that are complex and difficult to use, COCA is built for mass-market adoption, removing barriers such as private key risks, expensive fees, and limited merchant acceptance. ""Stablecoins are powering payments and driving adoption of blockchain technology and opening up economic opportunities for hundreds of millions of people across the world," said Denelle Dixon, CEO & Executive Director of the Stellar Development Foundation. Deep Stellar Integration Expanding support for MoneyGrams global remittance services, Soroban smart contracts, and partnerships with Stellar-based projects. Founded in 2014, the Foundation helps maintain Stellars codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. Since 2016, Funfair Ventures has been actively involved in developing, launching, operating, and marketing successful decentralized gaming applications, as well as managing a top 100 ERC20 token economy.