Stellar expands reach in Latin America with $3M investment in Settle Network

Cointelegraph

Published Dec 17, 2020 08:00AM ET

Updated Dec 17, 2020 10:00AM ET

The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region.

It marks the fourth investment this year from the SDF enterprise fund, bringing the total to more than $9.2 million in 2020. The fund is a venture-style trust for growing the Stellar network and developing partnerships for cross-border payments. It has previously invested in Abra and SatoshiPay.

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