Stablecoin payment adoption accelerated with strategic investments from Stellar Development Foundation and FunFair Ventures, secured by COCA.

Rewritten Article:

COCA Cash In: Stellar and FunFair Invest Big in Next-Gen Stablecoin Payments App

March 2025 - Get ready to ditch those old, complex wallets! COCA.xyz, a next-generation payments app revolutionizing stablecoins for everyday transactions, has raised funds from heavyweights Stellar Development Foundation and FunFair Ventures. This strategic investment will power up COCA's mission to make stablecoin payments frictionless, secure, and accessible for everyone, bridging the gap between traditional finance and the digital realm.

Since its launch a year back, COCA wallet has racked up over 1 million users, proving that stablecoins are a game-changer in the world of payments. Unlike clunky wallets, COCA is designed to simplify things, doing away with hassles like private key risks, high fees, and limited merchant acceptance. And thanks to its integration with the Stellar network, COCA users can spend stablecoins at over 80 million merchants across 200+ countries, using COCA's non-custodial Visa debit cards and IBANs.

As COCA.xyz Product Advisor, Pavel Matveev says, "This investment is not just about the money; it's a strategic milestone. COCA and the Stellar Development Foundation are both about making financial services accessible. With Stellar's support, we'll scale faster, strengthen our platform, and deepen our integration within the Stellar ecosystem, partnerships with other Stellar-based projects, MoneyGram for global remittances, and first-class support for Soroban smart contracts."

Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, shares Matveev's vision: "Stablecoins are the heart of digital payments and the driving force behind blockchain adoption. COCA's user-friendly approach is perfect for powering growth in stablecoin payments. We're proud to back COCA."

Say Hello to Easy Stablecoin Payments

Stablecoins are shaking things up in the payments world, but making them part of our daily lives can still be a struggle. That's where COCA comes in, with a powerful, user-friendly platform designed to make stablecoin payments slick, secure, and widely accessible. Here's how COCA is giving traditional stablecoin payments a run for their money:

Simple Spending: Use your COCA debit cards or IBANs to make seamless stablecoin payments, eliminating the need for intermediaries.
Stellar Synergy: Expanding support for MoneyGram's global remittance services, Soroban smart contracts, and partnerships with other Stellar-based projects.
MPC Security & Biometric Backup: Eliminating private key vulnerabilities while ensuring smooth, secure wallet access.
Universal Gas Token (UGT): Covers gas fees across multiple chains, reducing crypto transaction friction.
Zero-Fee Swaps and Cross-Chain Transactions: Making stablecoin swaps and cross-chain transactions more cost-effective and accessible for everyone.
Crypto Cashback: Get cashback in crypto on every transaction you make using COCA.

With this investment, COCA is poised to accelerate its growth, widen its ecosystem, and drive mass adoption of stablecoin payments. Say goodbye to complicated wallets and hello to simplified, sustainable, and secure transactions with COCA.

About COCA

COCA is a revolutionary, non-custodial payment app that's making stablecoin transactions as simple as pie. By incorporating MPC security, gas-free transactions, and built-in banking features, COCA makes it a breeze to buy, swap, and spend stablecoins and digital assets, wherever you are in the world.

For more details, visit www.coca.xyz.

About Stellar Enterprise Fund

The Stellar Development Foundation's Enterprise Fund is a venture-style fund working to expand the open-source Stellar network globally.

About Stellar

Stellar is a fast, scalable, and eco-friendly network for financial products and services, connecting the world's financial infrastructure. It's a cross-currency transaction system and a platform for digital asset issuance, designed to connect the planet's financial systems.

About Stellar Development Foundation

The Stellar Development Foundation (SDF) is a non-profit organization dedicated to supporting the development and growth of the Stellar network, an open-source network designed to connect the world's financial infrastructure. The Foundation maintains the Stellar codebase, collaborates with the technical and business communities developing on the network, and speaks up for users and developers to regulatory bodies. The SDF is working to create equal financial access for all, using the Stellar network to unlock the world's economic potential.

About Funfair Ventures

Funfair Ventures is a venture capital firm that supports early-stage blockchain projects with funding and guidance. By using its own funds, Funfair Ventures provides genuine value and ongoing support to its investment partners. Since 2016, Funfair Ventures has made waves in the gaming industry by developing, launching, operating, and marketing successful decentralized gaming applications, as well as managing a top 100 ERC20 token economy. With a wealth of experience in gaming, blockchain tech, and tokenomics, Funfair Ventures brings deep industry knowledge to its investments.

Press Contact:

Email: [email protected]: +852 5555 7890Website: www.coca.xyzMedia Kit: https://www.coca.xyz/press

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The investment from Stellar Development Foundation and FunFair Ventures aims to strengthen COCA's platform, powering up COCA's mission to make stablecoin payments frictionless, secure, and accessible.
The Title Length token, if it exists within the COCA ecosystem, could be crucial in saving transaction costs, as COCA aims to cover gas fees across multiple chains with its Universal Gas Token (UGT).
With FunFair Ventures' backing, COCA's progress in blockchain gaming projects could potentially extend to sports-focused stablecoin applications, bridging the gap between the gaming and sports industries.
As COCA scales faster with the support from Stellar Development Foundation, it could establish collaborations with sports organizations to facilitate stablecoin payments for ticket purchases, merchandise, and other sports-related transactions.