The stablecoin cross-border commercial banking platform Flex has completed a $70 million Series B funding round, led by Halo Fund

According to Forbes, the stablecoin banking platform Flex announced the completion of a $70 million B1 round of financing, led by Halo Fund.

The new funds will be used to expand its stablecoin-based cross-border commercial banking platform Flex Global, helping medium-sized enterprises conduct global payments and fund management through stablecoin infrastructure.

Data shows that the annual payment scale of stablecoins has reached approximately $390 billion, with inter-enterprise transactions growing by about 733% year-on-year. Meanwhile, the settlement scale of Visa stablecoins has reached an annualized $7 billion as of April 2026, a year-on-year increase of 50%.