‘Code & State’ secures $3M to incubate stablecoin ventures, backed by Warburg Serres and KR1
Summary
"The studio provides capital, mentorship, and infrastructure to startups solving key challenges in the stablecoin space, from payment systems and remittances to compliance and security. The stablecoin sector is experiencing explosive growth, with global transaction volumes exceeding $15 trillion in 2024, surpassing Visas annual payments. The rising adoption of stablecoins for cross-border payments, everyday transactions, and decentralized finance (DeFi) underscores the need for robust infrastructure and innovation in the space.As a founder himself, C\xe9dric Waldburger understands the importance of equity incentives for entrepreneurs. Selected founders will receive hands-on support, funding, and access to a network of leading investors and industry experts. With a focused investment strategy and strong industry backing, the studio is shaping the next generation of stablecoin ventures that will drive mass adoption and unlock new financial opportunities worldwide.For more information or to apply for the EIR program, visit Code & States website.