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Loop Crypto completes strategic round financing with a total amount of 6 million USD.
On August 21, Loop Crypto, a stablecoin payment processor, announced the completion of a strategic financing round, led jointly by an investment institution and Fabric Ventures, with specific amounts not disclosed. The company only stated that the total amount raised to date has reached 6 million USD, and the new funds are intended to support the construction of functionalities such as charging subscription fees using stablecoins.