AllScale raised $1.5 million in a funding round to enhance its stablecoin solutions for small businesses.

AllScale raised $1.5 million to develop stablecoin solutions, aiming to simplify their use for small and medium-sized businesses. These solutions include invoicing, social commerce, and payroll systems. The funding will help accelerate the company's efforts in supporting SMBs with low-cost global payments and regulatory compliance. Co-founder Shawn Pang emphasized stablecoins' potential as a key technology for global commerce.