{"id":5592,"date":"2025-02-20T18:14:07","date_gmt":"2025-02-20T18:14:07","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=5592"},"modified":"2025-02-20T18:14:08","modified_gmt":"2025-02-20T18:14:08","slug":"mansa-secures-10m-in-funding-round-led-by-tether","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/02\/20\/mansa-secures-10m-in-funding-round-led-by-tether\/","title":{"rendered":"MANSA Secures $10M in Funding Round Led by Tether"},"content":{"rendered":"\n<p>Stablecoin issuer Tether has led a $10 million funding round for cross-border fintech firm MANSA, aiming to improve liquidity solutions for global payments. Other investors in the round include Polymorphic Capital, Octerra Capital, and Faculty Group.<\/p>\n\n\n\n<p>In a February 20 press release, Dubai-based MANSA announced additional backing from institutions, corporate investors, and alternative funds. With this fresh capital, the company plans to expand its services in Latin America and Southeast Asia, where liquidity constraints often hinder cross-border transactions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Transforming Cross-Border Transactions<\/h3>\n\n\n\n<p>MANSA\u2019s CEO, Mouloukou Sanoh, described the funding as a major milestone in the company\u2019s efforts to modernize international payments.<\/p>\n\n\n\n<p>\u201cBy bringing payments on-chain and leveraging efficient liquidity solutions, we are addressing critical challenges in cross-border transactions\u2014making payments faster, cheaper, and more reliable worldwide,\u201d said Sanoh.<\/p>\n\n\n\n<p>Founded in August 2024 by Sanoh and Nkiru Uwaje, MANSA has facilitated $27 million in transaction volume to date, including $11 million in on-chain volume recorded in January alone. The company\u2019s approach focuses on using blockchain technology to enhance liquidity and efficiency in the global payments sector.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Stablecoins and Their Role in Global Finance<\/h3>\n\n\n\n<p>The growing use of stablecoins in emerging markets has reinforced the need for innovative cross-border solutions. In an October report, blockchain forensic firm Chainalysis highlighted that stablecoins now represent about 43% of Sub-Saharan Africa\u2019s crypto transaction volume, underscoring their increasing role in financial ecosystems.<\/p>\n\n\n\n<p>In countries grappling with currency instability and limited access to U.S. dollars, dollar-pegged stablecoins like Tether have become a viable alternative. These digital assets help businesses and individuals store value, conduct international payments, and support trade across borders.<\/p>\n\n\n\n<p>With Tether\u2019s backing and a strong focus on solving liquidity challenges, MANSA is well-positioned to expand its influence in emerging markets. The company\u2019s commitment to on-chain payments and blockchain-based liquidity solutions could reshape cross-border transactions, making them more accessible and efficient for businesses worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoin issuer Tether has led a $10 million funding round for cross-border fintech firm MANSA, aiming to improve liquidity solutions for global payments. Other investors in the round include Polymorphic Capital, Octerra Capital, and Faculty Group. In a February 20 press release, Dubai-based MANSA announced additional backing from institutions, corporate investors, and alternative funds. With&#8230;<\/p>\n","protected":false},"author":3,"featured_media":5593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,63],"tags":[65,128,175],"class_list":["post-5592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","tag-crypto","tag-liquidity","tag-stablecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MANSA Secures $10M in Funding Round Led by Tether - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/02\/20\/mansa-secures-10m-in-funding-round-led-by-tether\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MANSA Secures $10M in Funding Round Led by Tether - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Stablecoin issuer Tether has led a $10 million funding round for cross-border fintech firm MANSA, aiming to improve liquidity solutions for global payments. Other investors in the round include Polymorphic Capital, Octerra Capital, and Faculty Group. In a February 20 press release, Dubai-based MANSA announced additional backing from institutions, corporate investors, and alternative funds. 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