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COCA.xyz, the app that’s cooler than your average wallet, has just landed a juicy funding round led by the bigwigs at Stellar Development Foundation (SDF), with a little help from FunFair Ventures. This cash injection is set to make stablecoin payments so easy, even your grandma could do it. It’s like the bridge between old-school banking and the wild west of blockchain, but with fewer outlaws.
Since its launch, COCA’s wallet has been the cool kid on the block with over 1 million users. Unlike those clunky old wallets that make you want to pull your hair out, COCA’s all about keeping it simple. No more worrying about losing your private keys, paying through the nose for fees, or being that guy who can’t pay at the checkout. Plus, with the Stellar network on board, you can flash your stablecoins at a whopping 80 million merchants in over 200 countries using COCA’s slick non-custodial Visa debit cards and IBANs. How’s that for range?
“This isn’t just a pile of cash; it’s a ticket to the big leagues,” quipped Pavel Matveev, the wise guy at COCA. “COCA and SDF, we’re like two peas in a pod—making financial magic accessible to the masses. With stablecoins, we’re opening the floodgates for people worldwide. And with Stellar’s backing, we’re going to hit the gas pedal and make some serious waves.”
Denelle Dixon, the big boss at the Stellar Development Foundation, had this to say: “Stablecoins are the secret sauce making blockchain palatable for the masses. COCA’s user-friendly, no-fuss approach is the cherry on top. We’re thrilled to be part of their journey.”
COCA: The App That’s Making Stablecoins a Breeze
Stablecoins are the new black in digital payments, but using them can be like trying to solve a Rubik’s Cube blindfolded. Not anymore, thanks to COCA. They’re turning the payment game on its head with a platform that’s as easy to use as a microwave.
Here’s how COCA’s shaking things up:
- Seamless Stablecoin Payments – Ditch the middlemen and spend your stablecoins like a boss with COCA’s non-custodial debit cards & IBANs.
- Deep Stellar Integration – Hooking up with MoneyGram’s global remittance services, Soroban smart contracts, and Stellar’s cool kids.
- MPC Security & Anonymous Biometric Backup – Say goodbye to private key panic attacks and hello to super secure wallet access.
- Universal Gas Token (UGT) – The magic token that lets you skip the gas fees across multiple chains. Who doesn’t love a free ride?
- Zero-Fee Swaps & Cross-Chain Transactions – Because paying fees is so last season.
- Cashback in crypto – Earn some sweet crypto cashback on every transaction. Cha-ching!
With this cash injection, COCA’s set to go from zero to hero in the stablecoin world, making it easier than ever for users to splash their crypto cash all over the globe.
About COCA
COCA’s the app that’s making stablecoin transactions as easy as pie. With features like MPC security, gas-free transactions, and embedded banking magic, it’s your one-stop-shop for all things stablecoin.
Curious? Check us out at www.coca.xyz.
About Stellar Enterprise Fund
SDF’s Enterprise Fund is all about growing the Stellar network like a weed—globally.
About Stellar
Stellar’s the network that’s connecting the financial dots worldwide, one transaction at a time.
About Stellar Development Foundation
The SDF is the non-profit powerhouse behind Stellar, making sure the network runs like a well-oiled machine.
About Funfair Ventures
Funfair Ventures is the fairy godmother of early-stage blockchain projects, sprinkling funding and wisdom wherever it’s needed.
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2025-03-19 14:33