Loop Crypto has completed a strategic funding round, with VanEck and Fabric Ventures co-leading the investment.

BlockBeats News, August 21st, Stablecoin payment processor Loop Crypto announced the completion of a strategic funding round, with VanEck and Fabric Ventures co-leading the round. The specific amount has not been disclosed yet, but the company only stated that the total funding to date has reached $6 million. The new funds are intended to support the development of features such as collecting subscription fees using stablecoins.