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Carter Hoffman
Jun 20, 2025
Carter Hoffman
Jun 20, 2025
SaturnX, a stablecoin payments infrastructure provider based in Dubai, has raised $3 million in seed funding to extend its cross-border payment network into Southeast Asia. The round was led by White Star Capital, with participation from undisclosed institutional investors.
Launched in early 2025, SaturnX operates as an API layer for B2B payment providers, corporates, and financial platforms. In its first five months, the company processed over $250 million in stablecoin transactions.
Proceeds from the round will be used to expand into high-volume remittance corridors, including the Philippines, Bangladesh, Indonesia, and Pakistan. SaturnX also plans to invest in regulatory compliance and product development to scale its enterprise-grade API offering.
The company’s model centres on pre-funded stablecoin liquidity pools in key markets, real-time FX aggregation, and compliance through local partnerships. Its flagship corridor, which links the Gulf to South Asia, already facilitates several hundred million dollars in annual volume.
Mirnas Brescic, CEO and Founder of SaturnX, said, “Our vision is to connect the worlds of decentralised and traditional finance with infrastructure that brings the benefits of stablecoins to everyday financial use cases. Despite considerable progress, cross-border payments are still expensive and slow. By offering a faster, cheaper, and programmable alternative, we’re helping financial partners unlock better ways to move money, starting with the world’s largest remittance corridors.”
Global remittance flows exceed $600 billion annually, with stablecoin adoption rising in emerging markets. SaturnX hopes to become a critical enabler of instant, low-cost transfers for financial institutions, fintech platforms, and the like.
Sep Alavi, General Partner at White Star Capital, said, “We’re excited to back SaturnX at the forefront of a new payment infrastructure layer. They’re operating in one of the most strategically important corridors globally, solving a massive pain point for cross-border remittances and B2B payments. Mirnas brings unmatched experience in FX, treasury, and crypto, and he’s already shown his ability to execute at speed.”
Carter Hoffman
Jun 20, 2025
Devanshee Dave
Jun 20, 2025
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