Jeeves raises $110M to scale stablecoin-native banking platform for global payments

What happened

Jeeves Inc., a stablecoin (a digital token meant to hold a fixed value, usually one dollar)-focused banking platform for global enterprises, announced Tuesday it has raised $110 million in equity funding to launch a cryptocurrency wallet with payouts across 190 countries. Additional participants included AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista, […] The post Jeeves raises $110M to scale stablecoin-native banking platform for global payments appeared first on SiliconANGLE .

UPDATED 11:30 EDT / SEPTEMBER 30 2026 BLOCKCHAIN Jeeves raises $110M to scale stablecoin-native banking platform for global payments by Kyt Dotson Jeeves Inc. , a stablecoin-focused banking platform for global enterprises, announced Tuesday it has raised $110 million in equity funding to launch a cryptocurrency wallet with payouts across 190 countries.

The crypto-focused venture capital and investment firm CoinFund led the round. Additional participants included AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista, Wintermute, Y Combinator, and others.

Jeeves touts itself as a stablecoin-native banking platform, meaning it operates with cryptocurrency tokens pegged to a local currency, such as United States dollars, to avoid the volatility common to other cryptocurrency tokens while keeping the benefits of rapid transactions. “That is what a stablecoin-native banking platform for global business actually looks like.”

Key facts

• Jeeves Inc., a stablecoin-focused banking platform for global enterprises, — announced: Tuesday it has raised $110 million in equity funding to launch a cryptocurrency wallet with payouts across 190 countries
• , a stablecoin-focused banking platform for global enterprises, — announced: Tuesday it has raised $110 million in equity funding to launch a cryptocurrency wallet with payouts across 190 countries
• Jeeves touts itself as a stablecoin-native banking platform, meaning it — uses: cryptocurrency tokens pegged to a local currency, such as United States dollars, to avoid the volatility common to other cryptocurrency tokens while keeping the benefits of rapid transactions