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Stablecoin payment network Atum completes $13.5 million funding round led by Variant.

2026.09.23 14:38:35

Stablecoin payment network Atum has announced the completion of a $13.5 million funding round, led by Variant, with participation from PayPal Ventures, Abstract Ventures, Road Capital, Mirana Ventures, First Commit, and Credibly Neutral. Founded by former Visa crypto product head Pete Cooling, Atum positions itself as a unified coordination layer for global fund flows. The platform does not issue its own token, operate a dedicated blockchain, provide asset custody, or favor specific payment rails. Instead, it uses a matching market to let settlement service providers compete to fulfill payment requests, supports senders to freely choose payment assets and receivers to accept settlement assets as needed, and enables stablecoin micropayments and cross-border settlements for both humans and AI agents.

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